Tuesday, 23 September 2014
Last updated 6 hours ago
Feb 10 2010 | 12:31pm ET
Hedge funds retreated slightly in January following their banner 2009, according to Eurekahedge.
The Eurekahedge Hedge Fund Index dipped 0.8% last month, preliminary reports from the 2,000 hedge funds that contribute to the index show. About 36% of the funds have reported their January performance so far.
Long/short funds match the broader index’s decline, dropping 0.8%. Commodity trading advisors did the worst among Eureka’s nine strategy indices, plummeting 2.8% on the month.
Despite the overall drawdown, four out of Eureka’s seven regional indices saw gains last month. Asia ex-Japan funds did the worst of those, falling 1.7% in the first month of the new year.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitich, CIO of Petty Endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
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…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.