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>> SAC CAPITAL ADVISORS Latest News

JUL 02, 2013 - Yahoo! News

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Cohen's $15 billion SAC Capital up 1.5 percent in June: source

NEW YORK (Reuters) - Steven A. Cohen's $15 billion hedge fund SAC Capital Advisors posted a 1.5 pct gain in June, according to an investor familiar with the numbers. For the year, that SAC Capital main fund is up about 8.25 percent after fees, the source said. Cohen's fund charges some of the highest fees in the $2.2 trillion hedge fund industry. Hedge funds on average lost about 2.1 percent in June, according to analysts at Bank of America Merrill Lynch. ...

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