Tuesday, 21 October 2014
Last updated 1 hour ago
Aug 14 2013 | 9:25am ET
York Capital Management's tough June did not extend into July.
The New York-based firm enjoyed gains across all of its strategies. York Multi Strategy added 2.7% on the month and is up almost 8% on the year, ValueWalk reports. The firm's Credit Opportunities Fund added 1.6% in July and is up 9% in 2013. York Asian Opportunities Fund rose 1.1% on the month and is up 6.47% on the year, and the firm's European Credit Opportunities Fund added 0.8% on the month and is up 5.5% on the year.
In contrast, York suffered losses across all its strategies in June.
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 ...