Saturday, 20 September 2014
Last updated 1 day ago
Apr 21 2011 | 11:14am ET
Hedge fund redemption requests fell to near an all-time low this month, according to a new report from GlobeOp Financial Services.
The hedge fund administrator's new Forward Redemption Index fell to just 2.45% on April 15, 81 basis points lower than it had been on March 20. The index stood at 19.27% in November 2008 at the height of the financial crisis, and at 2.83% a year ago.
"The indicator is near its all-time low when measured over the past three years, and reflects continued improvement in investor confidence," CEO Hans Hufschmid said.
GlobeOp, which unveiled the new metric earlier this month, will release next month's forward index on May 23.
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.