Friday, 19 September 2014
Last updated 14 hours ago
Mar 3 2011 | 12:31pm ET
The hedge fund industry gained a net 192 new funds last year, the first in three when hedge fund launches were more numerous than hedge fund liquidations.
In 2010, 935 funds were launched against 743 that liquidated, Hedge Fund Research said. Both figures are significant: The number of new launches is the largest since almost 1,200 debuted in 2007, and the number of liquidations is almost half the 1,471 funds that closed their doors in the teeth of the financial crisis, in 2008.
In the fourth quarter, 220 new funds were launched and 158 closed their doors; the latter figure is the lowest since the fourth quarter of 2007.
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.