Sunday, 31 August 2014
Last updated 1 day ago
Apr 7 2010 | 10:59am ET
Two weeks ago, Man Group CEO Peter Clarke said he was encouraged by its flagship’s turnaround, but warned that “it does need to be sustained.” Two weeks later, the AHL strategy is sustaining its positive performance.
The strategy, which accounts for about half of Man’s $39.1 billion in assets, soared 3.81% last week. The fund had been up about 5% through March 24 and 2% on the year after dropping 17.2% last year.
Of course, AHL is no stranger to high volatility. The managed futures strategy dropped 3.57% in one week in January, and lost 4.3% in the first week of December.
Meanwhile, the firm has been further buoyed by increased confidence from institutional investors, who have poured US$1.5 billion into Man Investments, the firm’s fund of hedge funds unit. Those inflows are, in part, credited to Man’s restructuring of its fund of funds business last year, when it merged its three funds of funds units after its RMF unit lost US$360 million in the Bernard Madoff scandal.
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 ...