Tuesday, 23 September 2014
Last updated 11 hours ago
Jul 16 2010 | 5:57am ET
A poor June doomed hedge funds to a losing first half, according to RBC Capital Markets.
The RBC Hedge 250 Index slumped 0.94% last month. Following a 2.33% loss in May, the index is down 0.56% through June.
Mergers and special situations funds weighed most heavily on the industry last month, dropping 1.91%. Fixed-income arbitrage was one of only two strategies tracked by RBC in positive ground in June, topping all of them at 0.75%.
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.