Saturday, 26 July 2014
Last updated 18 hours ago
Jul 1 2008 | 10:00am ET
The second quarter is proving to be much more congenial than the first for Avenue Capital Partners.
The $16.5 billion New York hedge fund manager reported its second-straight strong month, telling investors that its funds posted gains in May.
The firm’s $1.5 billion Avenue International fund was up 1.5% in May, almost matching April’s 1.58% return, though it remains in the red year-to-date. Avenue’s $1 billion Europe International Fund and $574 million Avenue Investments fund also posted gains after adding 1.28% and 1.29%, respectively, in April.
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…