Saturday, 30 August 2014
Last updated 19 hours ago
Apr 29 2011 | 1:06pm ET
New York remains the place to be for hedge funds, according to a new report.
The Big Apple is home to firms managing a whopping 41% of all global hedge fund assets, according to TheCityUK, which seeks to promote the U.K. financial services industry. The report also shows that the City referred to in the name TheCityUK, London, still has a lot of catching up to do, with just 19% of the world's hedge fund assets.
And the bigger hedge funds get, the better the Big Apple looks: Hedge fund firms managing more than $1 billion are even more likely to call New York home, with the city housing some 45% of assets under management at such firms. London, by contrast, can boast of only 14%.
"The U.S. is by far the leading location for management of hedge fund assets, with more than two-thirds of the total," TheCityUK said.
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...