Friday, 19 September 2014
Last updated 15 hours ago
Mar 4 2011 | 10:41am ET
While U.S. stocks have soared in the early going of 2011, SAC Capital Advisers is taking it slow and steady.
The Stamford, Conn.-based hedge fund giant's flagship strategy rose 1.15% last month. By contrast, the Standard & Poor's 500 Index returned 3.4% in February.
In January, SAC, which manages about $13 billion, returned 1.75%, also trailing the S&P500, which rose 2.3% that month.
SAC returned 15.85% last year, narrowly beating the S&P500.
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.