Tuesday, 16 September 2014
Last updated 1 min ago
Jun 3 2011 | 2:07pm ET
Most hedge funds took a hit in May, but the bigger they are, it seems, the harder they fell.
Some of the industry's biggest names suffered the biggest losses last month, according to Lipper, and none more so than Mulvaney Capital Management's Global Markets fund, which fell 11.8% from May 2 through May 30, Reuters reports.
Well, almost none: Superfund's "C" share class lost 16.7% in May—but that's because its two-times levered. The standard "A" class fell 8.7%.
Other firms burned by the month's volatility, especially in the commodities market, were Aspect Capital, whose diversified fund fell 5.3%, and Man Group's flagship AHL strategy, previously reported to have lost 4.6% during the period.
SVM Asset Management's Highlander Fund lost 4.4%, Hermitage Capital Management's flagship Global Fund 2.6% and Odey Asset Management's European strategy 2.45%.
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…
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