Saturday, 30 August 2014
Last updated 1 day ago
May 6 2011 | 1:05pm ET
Hedge funds posted underwhelming gains in April, according to a pair of industry indices.
The Bloomberg Aggregate Hedge Fund Index added 1.4% last month and the Hennessee Hedge Fund Index 1.3%. Both badly trailed the Standard & Poor's 500 Index, which rose 2.96% on the year.
Hennessee Group co-founder Charles Gradante blamed an "investment environment" that "remains challenging."
Still, the news wasn’t all bad: Bloomberg, which said its index was up 3.7% year-to-date, added that April's returns brought the benchmark to its highest level in almost three years. The index's 127.99 level at the end of April is its best mark since June of 2008.
Bloomberg said that long/short equity funds returned an average of 2% last month, macro funds 1.7% and multistrategy funds 1.2%.
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 ...