Friday, 1 July 2016
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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%.