Tuesday, 23 September 2014
Last updated 9 hours ago
Aug 9 2011 | 12:46pm ET
Hedge funds avoided most of the stock market’s losses in July, but still suffered their third straight losing month.
The average hedge fund dropped 0.22% last month, according to the Hennessee Group. By contrast, the Standard & Poor’s 500 Index fell 2.15%.
Through the first half, the Hennessee Hedge Fund Index was up 1.45%.
“With defensive positioning and low exposures, hedge funds were able to protect capital as the equity markets sold off in July amid concerns about economic growth and the political standoff around the U.S. debt ceiling,” Hennessee’s Charles Gradante told Dow Jones Newswires.
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.