Thursday, 21 August 2014
Last updated 2 hours ago
Sep 20 2011 | 2:26pm ET
A pair of prominent credit hedge funds managed to best their peers last month, the worst for the hedge fund industry in almost three years.
PAMLI Capital Management's Global Credit Strategies Fund rose 5.02% in August, Bloomberg News reports. The firm was founded in January by Faisal Syed, formerly of Highbridge Capital Management, and its flagship currently manages $115 million.
BlueMountain Capital Management's fund did not do quite as well, losing 1.89% last month. But that's something of a victory, given the bloodbath that befell the industry. The firm's Credit Alternatives Fund remains up 3.06% on the year.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note