Tuesday, 30 September 2014
Last updated 59 min ago
Jan 3 2011 | 11:04am ET
Barring a very late, very steep rally, hedge funds seemed likely to fall far short of the broader markets in 2010.
Hedge Fund Research's HFRX Index was up just 4.52% on the year as of Dec. 28, with just three trading days left before the ball dropped. By contrast, the Standard & Poor's 500 Index was up 12.7% by the middle of last week.
The poor performance, following last year's bounce-back from 2008's troubles, calls into question the very concept of alpha, one institutional hedge fund adviser told Reuters.
"Hedge fund managers are significantly more conservative than they were are the beginning of 2008, and I don't think there are really the mega opportunities, like there were in subprime in '07 and '08," Parker Global Strategies' Virginia Parket said. "The only way hedge fund managers are going to beat a bull market in equities is if you have leverage… but investors haven't wanted leverage."
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 McKitish of Peddie School's 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…
The trading world is inundated with strategies and techniques. Here’s one way traders can get a handle on information overload.