Saturday, 20 September 2014
Last updated 20 hours ago
Feb 16 2011 | 8:13am ET
Hedge funds gained 0.06% in January, according to the Eurekahedge Hedge Fund Index, their seventh consecutive positive month.
The sector attracted $3.39 billion in net asset flows, but performance-based growth was negative $2.13 billion. Total assets under management rose by $1.26 billion to $1.68 trillion.
Elsewhere the report noted that while the Eurekahedge Hedge Fund Index was 0.13% in January 2011, Japan was up 1.1% and Korea up 1.57%.
Distressed debt funds continued their strong performance, adding 1.37% in January.
North American hedge funds have now racked up 12 straight months of net positive asset flows, their longest such run since 2004.
In addition, more than 30 funds were launched in January; European hedge funds have seen net positive asset flows of $20.3 billion since July; and 56% of hedge fund managers are above their high-water mark since December 2008.
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.