Sunday, 21 September 2014
Last updated 1 day 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.
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…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.