Sunday, 21 September 2014
Last updated 2 days ago
Jun 10 2011 | 12:03pm ET
Duet Group's hot hand continued into the first week of June. The London-based firm's year-old Commodities Fund is up 2.9% this month already, building on a 20% return through May.
The fund, which manages less than $100 million, is now up 23% on the year, Bloomberg News reports.
"This month we have made the vast majority of returns in the platinum group of metals and energy," Tony Hall, chief investment officer, said. After last month's volatility, Hall, formerly of Credit Suisse-Glencore, added, "with prices now more in line with near-term fundamentals and price targets, we believe that the risk-reward increasingly favors being long commodities."
The Duet fund remains open to new investment and is actively seeking additional capital.
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.