Saturday, 26 July 2014
Last updated 1 day 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.
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…