Thursday, 27 November 2014
Last updated 13 hours ago
Nov 26 2014 | 11:23am ET
Convertible arbitrage and emerging markets hedge funds are having the worst of what is otherwise a rather ho-hum November.
According to Hedge Fund Research’s HFRX indices, convertible arbitrage funds plummeted 4.36% through Nov. 21, leaving them down 8.19% on the year. Emerging markets funds weren’t far off, shedding 4.26% to extend their average year-to-date loss to 5.74%.
Nov 26 2014 | 1:56pm ET
A senior HSBC trader tipped a Moore Capital Management trader about an enormous foreign-exchange transaction linked to a deal done by the bank, it told U.S. and British authorities.
Nov 26 2014 | 1:54pm ET
For Paulson & Co, the U.S. recovery is over. The $19 billion hedge fund has told clients that it will expand the remit of its five-year-old Recovery Fund, allowing it to invest in European and event-driven opportunities.
Nov 26 2014 | 11:38am ET
When a federal judge earlier this month gave Steven Cohen’s ex-wife’s lawyers the go-ahead to question him about the insider-trading scandal that engulfed his hedge fund, she cited the “seemingly inexhaustible resources that each side has brought to bear.” It’s easy to see how the billionaire has borne those costs; now, it’s also become clear how his much-less-well-heeled-ex has done so.
Nov 26 2014 | 11:25am ET
Bank of America’s mortgage-bond settlement won’t keep it from selling hedge funds to clients.
Nov 26 2014 | 11:21am ET
Permal Group’s former emerging-markets chief is set to launch a rare new fund of Asia-Pacific hedge funds.
Nov 26 2014 | 10:44am ET
Dexion Capital has teamed with Brown & Co to launch a farmland-focused asset managerMore News
Nov 24 2014 | 12:41pm ET
Neil Azous is the founder and managing member of Rareview Macro, an advisory firm to some of the world’s most influential investors and the publisher of the daily newsletter Sight Beyond Sight. Azous recently sat down with FINalternatives to speak about his latest views on global macro investing.
Nov 14 2014 | 6:03am ET
Peer-to-peer lending was invented with the individual investor in mind. But despite its retail appeal, institutional investors and hedge funds are taking notice. So why is the big money interested in P2P lending? Bo Brustkern explains.
Nov 26 2014 | 11:40am ET
Citadel Investment Group’s Kenneth Griffin is making clear to his estranged wife that he’s not going anywhere.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...