Aug 4 2006 | 12:00am ET
R.G. Niederhoffer Capital Management recently launched a hedge fund that utilizes a short-term, quantitative strategy to trade the 40 largest futures and currency markets, as well as the 800 largest U.S. and European stocks.
The R.J. Niederhoffer TrendHedge fund was launched June 1 and preliminary results show that it returned 12.6% in its first month, and was up 4.3% for July.
“It is a new strategy that is designed to provide protection in difficult times for global macro managers and CTA strategies,” said Sladja Carton, executive managing director at the New York-based firm. “It is primarily designed for funds-of-funds.”
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…