Wednesday, 20 August 2014
Last updated 6 hours ago
Sep 2 2008 | 1:27pm ET
The financial services sector has done anything but pay off for Atticus Capital.
The New York-based hedge fund has seen 30% of its assets disappear as financials have plunged around the world. It’s Atticus European fund is down 32.9% through the end of August, while its Atticus Global fund has lost about 25%, Dow Jones Newswires reports.
The losses leave the activist giant with just $14 billion in assets under management, down from $20 billion last summer.
Still, investors seem to be sticking by the firm. According to Dow Jones, the firm has received only a limited number of redemption requests.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note