Monday, 22 September 2014
Last updated 2 hours ago
Jun 8 2011 | 12:12pm ET
Add two more prominent names to the list of May's hedge fund casualties.
Caxton Associates and Moore Capital Management both suffered substantial drops last month, CNBC reports. The former's Global Investment fund was down 2.4% as of late May, while the latter's Global Investment fund was down about 3%.
They're not alone in ruing the not-so-very-merry month of May. Aspect Capital, Fortress Investment Group, Man Group, Mulvaney Capital Management, Odey Asset Management, Paulson & Co., Ping Capital Management, Renaissance Technologies, SVM Asset Management, Third Point and Tudor Investment Corp. all suffered losses, most in excess of the average hedge fund's decline of about 1.5% last month.
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.