Monday, 1 September 2014
Last updated 3 days ago
Oct 11 2011 | 12:17pm ET
Hedge fund RK Investment Advisors soared more than 140% in the third quarter—by many measures among the worst-ever three-month periods for the hedge fund industry.
Kinnelon, N.J.-based RK's Speculators Portfolio bet against U.S. stocks in anticipation of the end of the Federal Reserve's second round of quantitative easing. The Standard & Poor's 500 Index plummeted over the past three months, which began with the end of QEII.
"'Don't fight the Fed' is the theme of the last two years," RK chief investment officer Randy Kurtz said. "Even in the face of bad news, when the Fed floods the market with money, stocks rise, and when the Fed stops, the market falls."
The Speculative Portfolio jumped 141.94% in what Kurtz called the "quarter of carnage."
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 ...