Saturday, 20 September 2014
Last updated 20 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%.
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.