Monday, 22 September 2014
Last updated 47 min ago
May 12 2011 | 9:02am ET
Hedge fund flows hit a nine-month high in May, according to the GlobeOp Capital Movements Index, at a positive 2.29%
“After last month’s pause, investors continued their steady return to the hedge fund market,” said Hans Hufschmid, chief executive officer of GlobeOp Financial Services.
May’s gains bring the Capital Movement Index to 132.48 points—just 13.33 points away from its all-time high in September 2008. The Index was based at 100 on December 31, 2005 and has advanced 16.70 points over the past 12 months.
The GlobeOp Capital Movement Index represents the monthly net of subscriptions to and redemptions from hedge funds administered by GlobeOp, divided by the total assets under administration for GlobeOp’s fund administration clients. Redemptions were slightly greater than subscriptions for the month of April.
GlobeOp administers $167 billion of assets, about 8-10% of the total global hedge fund industry.
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.