Tuesday, 2 September 2014
Last updated 4 hours ago
Oct 6 2010 | 3:52am ET
A pair of famously vocal hedge fund managers turned in fairly average performances in September.
Daniel Loeb's Third Point Offshore Fund was up 3.9% last month, according to Dealbreaker.com. Its other funds were up between 4% and 4.5%. But there's nothing average about the New York-based firm's year-to-date numbers.
The Offshore fund is up 19.1% on the year, the firm told investors. Third Point Partners is up 22.2%, Partners Qualified is up 18.1% and Ultra is up 19.9%.
The average hedge fund was up about 3.5% last month, according to Credit Suisse's Liquid Alternative Beta indices, and about 5.5% on the year. That's much closer to the numbers turned in by Pershing Square Capital Management's International Fund.
William Ackman's $4.4 billion flagship added 3.4% net of fees last month. It is up 6.5% on the year.
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 ...