Cohen's private investments deliver strong 7.5 percent gain in Q1

March 31, 2015 9:31 PM

53 0

BOSTON, March 31 (Reuters) - Billionaire Steven A. Cohen's investments gained 7.5 percent in the first three months of 2015, according to a person familiar with the numbers, helping the former hedge fund manager extend his string of market-beating returns.

Cohen's Point72 Asset Management, which invests the Cohen family's $11 billion fortune, handily outperformed the broader stock market this year after the Standard & Poor's 500 index climbed less than 1 percent since January 1. The average hedge fund has gained 2.18 percent this year, research firm H...

Also read: Swiss see opening for finance sector in British exit from EU

Read more

To category page