Monday, 1 September 2014
Last updated 3 days ago
Oct 27 2010 | 10:04am ET
BlueMountain Capital Management is riding credit swaps and the equity portfolios of credit derivatives to enjoy returns double that of the average hedge fund this year.
The $4 billion New York-based firm's flagship Credit Alternatives Fund is up between 8.5% and 9% this year, Bloomberg News reports. The bulk of those returns—some 80%—come from the hedge fund's trading in individual credit swaps as well as its investments in the equity portions of collateralized-loan obligations and default-swap indices.
The Credit Alternatives fund has $2.6 billion in assets under management.
The average hedge fund has returned about 4.5% this year, according to industry indices.
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 ...