Hedge fund SAC Capital, still fighting distractions on multiple fronts, churned out a modestly positive January with returns of about 2.5 percent, say two people familiar with the matter. SAC’s returns, which came during a month in which the Standard & Poor’s 500 rose 5 percent, followed a standout 2012 in which the firm’s main fund, SAC Capital Partners, was up 13 percent. SAC Capital’s January performance also lags that of other prominent stock-trading funds, including Omega Advisors and Jana Partners, both of which were up about 5 percent, according to people who have reviewed their numbers.

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  1. Posted by Guest | February 6, 2013 at 7:11 AM

    It's cold in January, so the SAC is usually in a guarded position.