Friday, 19 September 2014
Last updated 25 min ago
Oct 12 2011 | 1:18pm ET
The Man Group's flagship strategy was caught off-guard by last week's stock-market rally, wiping out its year-to-date gains.
Man AHL, which has $24.9 billion in assets, fell 5.5% last week, leaving it down 3.2% on the year. The quantitative strategy was burned both by rising stocks and a bond sell-off; it had large long positions in fixed-income and was shorting stock and energy markets.
With last week's decline, AHL is now between 8% and 9% from its high-water mark.
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…
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