Tuesday, 23 September 2014
Last updated 2 hours ago
Dec 2 2010 | 2:35pm ET
Och-Ziff Capital Management bucked its peers last month, with all four of its hedge funds posting positive performance while early index reports indicate that November was a losing month for the average hedge fund.
The New York-based firm said its Global Special Investments Master Fund is up 11.4% on the year after rising 0.9% last month. Och-Ziff's flagship OZ Master Fund wasn't far behind in November, adding 0.8% to hit 7.6% for the year.
The firm's other two funds, OZ Asia Master and OZ Europe Master, rose a more modest 0.2% and 0.15%, respectively.
Och-Ziff also said its assets under management rose by $400 million on the month to reach $27.6 billion.
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.