Wednesday, 22 October 2014
Last updated 11 hours ago
Nov 8 2012 | 1:59pm ET
York Capital Management's hedge funds put up representative Octobers in what has been a very good year for the New York-based firm.
York's flagship Multi-Strategy Fund added 1.3% last month, bringing its year-to-date returns to 9%, ValueWalk reports. The fund has $5.1 billion of York's $14.3 billion in assets under management.
The firm's $4.2 billion Credit Opportunities Fund rose 2% last month and is up 15% on the year, while its $1.5 billion Total Return Fund added 1.8% to bring its 2012 return to 10.8%.
York's $1.9 billion European Opportunities Fund returned 1.6% in October and is up 8.8% on the year. Its $390 million Asian Opportunities Fund actually fell 0.3% last month to cut its year-to-date return to 3.9%.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
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