Sunday, 21 September 2014
Last updated 1 day ago
Dec 7 2011 | 10:16am ET
Hedge funds fell twice as much as the Standard & Poor's 500 Index in November, the Bloomberg Aggregate Hedge Fund Index shows.
The benchmark lost 1% last month, compared to 0.5% for the broad-market index. But it did better than global stocks burned by the European sovereign debt crisis.
The Bloomberg index is now down 3.8% on the year.
Long/short equity funds were particularly hard hit, falling 2.1% on the month (down 3.8% year-to-date). Macro funds shed 1.5% (down 4.8% YTD) and multi-strategy funds 1% (down 1.8% YTD).
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.