Allocating to short positions had become more difficult as the firm’s assets increased.
|Andreas Halvorsen (Photo: Matthew Staver/Bloomberg)|
The fund managed $13.4 billion as of October 31, up 9.6% for the year. Part of that increase is due to performance gains: Viking Global Equities has produced a return of 6.6% for the year through November 4. The Greenwich, Conn. firm manages $14.3 billion overall, an increase in assets of 10.2% for the year. The overall assets include