Monday, 1 September 2014
Last updated 2 days ago
Aug 26 2011 | 9:54am ET
Brevan Howard Asset Management's flagship hedge fund has jumped more than 6% this month, even as many of its peers nurse huge August losses.
The London-based firm's US$25 billion Master Fund is up 6.1% this year, doubling its year-to-Aug. 19 return to almost 12%, Bloomberg News reports. Brevan Howard has employed "tactical trading" to great effect this year, it told investors in a letter to clients yesterday.
"While the rapid changes in risk appetite and existence of extreme tail risks makes longer-term investment and positioning difficult, these conditions provide very fertile trading opportunities," the firm's BH Global feeder fund wrote.
Brevan's gains on the month amount to US$1.5 billion in profits.
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...