Wednesday, 22 October 2014
Last updated 12 hours ago
Feb 13 2013 | 12:49pm ET
York Capital Management hasn’t missed a beat at the start of the new year.
The firm, which saw all of its hedge funds rise by double-digits last year, saw gains in all four strategies in January. The firm's $5.3 billion flagship Multi Strategy Funds rose between 1.8% and 1.9%, in line with industry indices. But its Asian Opportunities Fund, which manages $480 million, stole the show, rising 5% last month, almost half its 10.8% return last year.
The $4.2 billion Credit Opportunities fund added 2.7% on the month and its $1.9 billion European Opportunities Fund 2.2%.
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…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...