Wednesday, 23 July 2014
Last updated 7 min ago
Nov 2 2010 | 2:43am ET
Greenlight Capital returned 3.4% last month, according to a reinsurer led by Greenlight's David Einhorn.
Greenlight Capital Re, which invests almost all its premiums with New York-based Greenlight, said its portfolio is up 7.8% on the year. The firm identified Greenlight's largest long positions as Arkema, CIT Group, Ensco, gold and Vodafone Group.
Nearing double-digits for the year is especially impressive for the $7 billion hedge fund, which found itself in the red as recently as July, until a 4.1% jump in August brought it back into the black.
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…