Stark’s Multi-Strat Fund Down 11% YTD

Oct 17 2008 | 12:02pm ET

Stark Investments’ $2.45 billion multi-strategy hedge fund dropped a further 7.51% last month, bringing its year-to-date losses to 11.11%. The fund is on pace for its worst year ever since it debuted in 1999.

The eponymous employs convertible arbitrage, risk arbitrage and event-driven strategies, pairs trading, private placements and capital- structure arbitrage strategies, most of which have been money-losing propositions for hedge funds this year. It also utilizes high-yield arbitrage trading, statistical arbitrage trading and fixed-income arbitrage trading.

The firm declined to comment on its performance.


In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...