Saturday, 27 December 2014
Last updated 3 days ago
Sep 12 2012 | 12:10pm ET
All of York Capital Management's hedge funds posted gains last month, led by its Select fund.
That $890 million vehicle pulled itself out of the red in August, rising 6.8% on the month and 1.75% on the year, ValueWalk reports. York's other funds didn't do quite as well last month—but they didn't have to.
The $15 billion New York-based firm's UCITS Event-Driven Fund added 2.72% last month and its $5 billion flagship Multi Strategy Fund 2.6%. The latter fund is now up 6.2% on the year.
York's event-driven Total Return Fund rose 2.2% on the month; the $1.5 billion fund is up 7% on the year. Its $4 billion Credit Opportunities Fund added 1.7% in August and 10.6% on the year, York's best performance of 2012, while its European Fund, with $1.9 billion in assets, rose 0.9% last month to reach 6.8% on the year.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.