Tuesday, 30 September 2014
Last updated 3 hours ago
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.
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…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...