Tuesday, 23 September 2014
Last updated 7 hours ago
Jun 24 2010 | 12:02pm ET
The hedge fund industry has recouped most of the assets it lost during the financial crisis, according to a new report.
Net inflows into hedge funds totaled $23.7 billion in April, according to research firm BarclayHedge. That puts the industry at $1.65 trillion, their best figure in 18 months, or since before the crippling outflows at the end of 2008.
Macro hedge funds enjoyed the biggest vote of confidence from both investors and the markets, with inflows of $2.5 billion in April. The strategy, which took in a total of just $4 billion last year, now boasts $94.9 billion in assets.
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.