Mega-Hedge Funds Are Reporting Big Gains

  • Year-long stock rally helps RIEF, Viking surge almost 9%
  • Griffin’s flagships Kensington and Wellington up almost 7%

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Rallying stock markets are helping lift returns at mega-hedge funds including Viking Global Investors and Renaissance Technologies.

Andreas Halvorsen’s Viking and an equity-focused quantitative fund at Renaissance are up more than 9 percent this year through July, according to person with knowledge of the matter and an investor document seen by Bloomberg News. Dan Loeb’s Third Point Offshore Fund reported a gain of 11.7 percent for the first seven months of 2017, the firm’s website shows. Ken Griffin’s main Wellington and Kensington funds at Citadel rose almost 7 percent

Mega-Hedge Funds Are Reporting Big Gains

Categories : Hedge Funds

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