Saturday, 30 August 2014
Last updated 1 day ago
Nov 16 2010 | 12:50pm ET
The hedge fund secondary market continued its turnaround in October, a month that saw the highest average trade price in six months.
Buyers paid 81% of net asset value for hedge fund stakes last month, according to the Hedgebay Global Hedge Fund Secondary Market Index, the second time in as many months that the average price has gone up. In September, investors paid just under 79%, on average.
"It is extremely difficult for investors to be secure about committing to trades when price valuation is so volatile, as it has been over the last six months," Hedgebay co-founder Elias Tueta said. "The steady rises over the last couple of months may bring a bit of added confidence to investors for the rest of the year."
But confidence in one area was considerably shaken last month: the illiquid hedge fund space. The Hedgebay Illiquid Asset Index plummeted to 34.5% in October from 47.6% in September.
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 ...