Tuesday, 2 September 2014
Last updated 35 min ago
Feb 10 2012 | 2:46am ET
York Capital Management bounced back from a difficult 2011 in January, with most of its hedge funds enjoying above-average returns to start the new year.
The New York-based firm told investors that its flagship York Multi-Strategy Fund returned between 3.7% and 3.9% on the month, Dow Jones Newswires reports. The fund lost in excess of 7% last year.
Other funds did even better: Its event-driven vehicles rose between 5.2% and 9.2%, while its European Opportunities Fund rose 4.1%. York's Credit Opportunities Fund returned between 3.7% and 3.9% in January. Only the firm's Asian Opportunities Fund took a hit, losing 0.4%.
The average hedge fund returned between 1.5% and 2.5% last year, according to industry indices.
York has more than $15 billion in assets under management, one-third of it in the Multi-Strategy funds.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...