Monday, 28 July 2014
Last updated 7 hours ago
Feb 3 2010 | 12:25pm ET
New York hedge fund giant Och-Ziff Capital Management Group saw all four of its funds continue to climb in January, adding to their success from last year.
In a regulatory filing, the $24 billion firm said its flagship OZ Master Fund rose 1.13% last month, as the Standard & Poor’s 500 Index tumbled 3.6%. That fund soared 23% last year after losing 15.9% in 2008.
Och-Ziff’s Europe Master Fund surged 2.5% in January, while its Global Special Investment fund added 1.77% and its Asia Master fund 0.72%. Those funds rose 16.3%, 8.3% and 30.9% last year, respectively.
The firm also said that its assets under management rose $500 million in January, thanks both to performance gains and investor inflows.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…