Dec 5 2013 | 1:24pm ET
Hedge funds had another tepid month in November, rising 0.55% as a disappointing year draws to a close.
The HFRX Global Hedge Fund Index once again failed to meet or exceed the returns of the Standard & Poor's 500 Index, which rose a further 2.8% last month and is now up 26.2% on the year. By contrast, the Hedge Fund Research benchmark is up just 6.13%.
Dec 6 2013 | 10:29am ET
Sciens Alternative Investments has added a long/short European credit fund to its managed accounts platform.
Dec 6 2013 | 10:17am ET
ProTrak International, a specialist in client management software for the investment industry, has appointed Al Capulong director and head of sales.
Dec 6 2013 | 9:57am ET
Philly-based alternative investment manager Franklin Square Capital Partners has launched its fourth fund, a global credit vehicle.
Dec 5 2013 | 1:23pm ET
A pair of San Francisco-based hedge funds returned 2.4% last month, solidifying their double-digit returns as 2013 draws to a close.
Dec 5 2013 | 1:23pm ET
The Baupost Group will return about 15% of its assets to investors at the end of the year.
Dec 5 2013 | 1:21pm ET
The government's star witness in the trial of SAC Capital Advisors portfolio manager Michael Steinberg is having his memory tested on the stand—and it is a test that he is frequently failing.More News
Nov 26 2013 | 12:50pm ET
Alternative investment firm Apollo Aviation Group has a rather unusual market niche: it specializes in leasing and trading commercial aircraft and engines as well as acquiring and dismantling aircraft and engines for parts.
Since its founding in 2002, Apollo, which has $1.36 billion in assets under management, has set up and managed 10 funds. To find out more about Apollo, FINalternatives Senior Reporter Mary Campbell spoke with Managing Director David Treitel.
Dec 5 2013 | 1:01pm ET
Ronen Schwartzman, founder of New York-based hedge fund advisory Ten Capital Advisors, discusses his outlook for 2014 and explains why he is bullish on long-short equity managers and event driven funds, and bearish on fixed income and commodities shops.
Dec 2 2013 | 7:03am ET
Highland Capital Management founder James Dondero's wife apparently won't let a jury verdict get between her and as much of his money as possible.
Rebecca Dondero plans to sue her husband again to seek more than the $5 million set in the couple's prenuptial agreement. The move follows a jury's ruling that both Donderos violated the prenup—and thus that it should remain in place.
Dec 5 2013 | 9:51am ET
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