Thursday, 31 July 2014
Last updated 22 min ago
Mar 9 2012 | 11:01am ET
King Street Capital Management suffered its first-ever loss last year. It's trying to make sure that 2012 doesn't produce its second.
The New York-based hedge fund said its Europe fund rose between 1.2% and 1.25% last month, Dow Jones Newswires reports. King Street Europe is up between 3.67% and 3.75% for the first two months of the year.
In its letter to investors, King Street did not elaborate on its winnings this year. The fund lost between 3.93% and 4.41% last year.
King Street has about $18.5 billion in assets under management.
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…