This content is from:xinyabo体育

Point72 Still Trails the S&P 500, Peers

But that’s not stopping Steve Cohen from asking investors for more money.

Steve Cohen — the man whose once-fabulous gains at SAC Capital made him the unofficial kingpin of hedge funds — isn’t having as much luck in the markets his second time around. His new fund, Point72 Asset Management, gained 2.5 percent in April, leaving it up only 7 percent so far

To continue reading,subscribe nowto Premium Journalism. Already a subscriber?Login.