Friday, 19 September 2014
Last updated 4 hours ago
Jul 13 2010 | 11:09am ET
Hedge funds were flat in June—finishing off a lackluster second quarter.
All of Newedge’s benchmarks were in the red last month, including its commodity trading advisors index, which dropped 19 basis points in June, although it managed to remain in positive territory on the year at 1.75%. Even the best-performing strategy tracked by Newedge was down in June, if only marginally: the Alternative Edge Short-Term Traders Index dipped 0.05% on the month (up 0.83% year-to-date).
The Commodity Trading Index (Equity) dropped 1.43% (down 2.65% YTD) and the Volatility Trading Index fell 1.06% (down 6.77% YTD). Newedge’s Commodity Trading Index lost 0.67% (down 3.64% YTD), its Commodity Trading Index (Trading) lost 0.5% (down 3.88% YTD) and its Macro Trading Index (Quantitative) lost 0.25% (up 2.45% YTD).
Both the Macro Trading Index and Macro Trading Index (Discretionary) lost 0.24% on the month, with the former up 1.43% through the first half and the latter 0.96%.
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.