Tuesday, 29 July 2014
Last updated 2 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%.
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…