Sunday, 1 February 2015
Last updated 1 day ago
Jan 30 2015 | 4:44am ET
Profits in the hedge fund industry are set to decline by 30% due to poor performance in 2014, according to a recent survey by Citi.
While hedge fund industry profits in 2013 reached $31.2 billion, poor performance in 2014 cut that figure by 30% to only $21.9 billion, a loss of nearly $10 billion, Citi estimates in their Third Annual Hedge Fund Industry Operating Metrics Survey.
Jan 30 2015 | 2:31pm ET
MSCI Inc. announced it will appoint three new independent directors, Wayne Edmunds, D. Robert Hale, and Wendy Lane to the its board of directors, effective March 10.
Jan 30 2015 | 2:27pm ET
Activist hedge-fund manager Bill Ackman has committed the largest sum he has ever invested with another hedge fund manager.
Jan 30 2015 | 2:24pm ET
John Kilduff, partner at energy fund Again Capital, said that fresh concerns about ISIS and Iraq are unlikely to push crude oil prices much higher.
Jan 30 2015 | 5:46am ET
A former Contrarian Capital Management executive pled guilty on Thursday to stealing $9 million from the Connecticut-based hedge fund.
Jan 30 2015 | 5:30am ET
Some of Asia’s newer hedge funds were a magnet for investors last year.
Jan 30 2015 | 4:22am ET
Maples Fund Services has hired Greg Wildes as a senior vice president to focus on managing client relationships and expanding opportunities for continued growth of the fund services business in North America.More News
Jan 29 2015 | 12:37pm ET
In 2011, Filippo Pignatti Morano launched a fund to invest in classic cars. FINalternatives recently caught up Morano, director of the Zurich-based Custoza Family Office, to discuss the performance of his Classic Car Fund and his predictions for the future of investing in classic automobiles.
Jan 30 2015 | 9:14am ET
When it comes to the hedge fund industry, the notion of “build it and it will come” is old school and has not been true for some time. While pedigree and performance records are crucial, they no longer speak for themselves and certainly do not correlate with capital commitments. So what do small- and mid-sized hedge funds need to do to take advance advantage of this season’s rotation of capital? Protocol Capital's Alan Glatt explains.
Jan 28 2015 | 8:48am ET
Davos, Switzerland seems to have become the hedge fund capital of the world—at least for this week.
Jan 30 2015 | 6:06am ET
Big data may the phrase du jour in the financial industry, but collecting, organizing and utilizing vast quantities of data is nothing new. In this week’s FINtech Focus, we take a look at TagniFi, which aims to make investment-grade fundamental data more accessible to fund managers and investors.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…