October 19, 2017

What’s the Outlook for Hedge Funds in the Year 2013?

The waters look murky for hedge funds in 2013, especially SAC. Pictured is SAC manager Steve Cohen's reported $8 million artwork, a shark in a tank of formaldehyde.

The market’s direction is anyone’s guess. Hedge fund managers are supposed to add alpha, or value. Their goal is to make better picks than the general market (or their respective index), minimize risk, and thus provide a higher risk-to-reward profile for investors. In 2012, hedge funds that reported their performances returned less to investors than […]

Apple Juices Up the Gains of the Biggest Hedge Funds

Apple's inclusion in the biggest hedge funds's basket of stocks has juiced up their returns.

The stock market is on a tear since the beginning of the year. Apple has dominated the headlines by trouncing Wall Street estimates. Its stock has risen 34% in 2012 increasing its market capitalization to over $500 billion. Fortunately for hedge fund managers, Apple makes up some of their biggest stock holdings. Stephen Taub of […]

SAC Capital Insider Trading Rumors Sticking Around

SAC Capital Insider Trading Rumors are Sticking Around

SAC Capital insider trading rumors sticking around, write Jenny Strasburg and Jean Eaglesham in The Wall Street Journal. The hedge fund has been subpoenaed regarding insider trading of former employees and connections over the past year. Wall Street regulators expressed mounting concern about SAC Capital Advisors’ trading over a nine-year period, detailing in dozens of […]

The Best Hedge Fund Managers Bet Against the World

Steve Cohen, SAC Capital's manager, is among the few hedge fund managers to post gains this year.

The biggest and the best hedge fund managers bet against the world to post gains this year, as the competition reels from losses. Included among the winners is SAC Capital, a $14 billion hedge fund run by Steve Cohen. SAC charges the highest fees in the industry of 3% of assets and 50% of gains […]

SAC Capital Invests in Capital Goods

SAC Capital invests in capital goods, reports Dave Friedman at Wall St. Cheat Sheet. http://bit.ly/p7TP7g SAC is a hedge fund run by Steven A. Cohen in Stamford, CT. The firm has $14 billion under management. SAC Capital’s trading activity accounts for 1% of the daily activity of the New York Stock Exchange. Cohen, one of […]