Wednesday, 27 August 2014
Last updated 1 hour ago
Jan 28 2010 | 1:47pm ET
Man Group’s flagship AHL strategy suffered its worst-ever year last year, and, so far, the new year is not proving any kinder.
AHL lost 3.57% last week, or more than US$700 million, the Financial Times reports. The $21.7 billion managed futures strategy booked a similarly large one-week loss less than two months ago, when it plummeted 4.3% in the first week of December.
That helped finish off a truly terrible year for AHL, which lost 16.9% in 2009, while the average hedge fund soared nearly 20%. It was the first-ever losing year for AHL, which managed to return 33.8% in 2008, when most hedge funds dropped by double-digits.
AHL, it should be noted, is used to such swings. The highly-volatile strategy averages one 4% weekly loss per year.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...