Saturday, 22 November 2014
Last updated 1 day 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.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...