Kingstown Capital Up 10.6% YTD; Fund Buys RGS, VRNT, BKS and CMVTVikas Shukla
Kingstown Capital is a New York-based, value oriented hedge fund. It reported -0.7 percent return in the second quarter, and 10.6 percent year to date. The firm has yielded average annual returns of 13.9 percent since its inception. Kingstown Capital has invested 63 percent of its money in US and international equities, 15 percent in credit, and another 8 percent in hedges.
The firm says that the US share market has been negative on global economic recovery and European debt crisis. However, market did recover . . .
This content is exclusively for paying members.
If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.