Sunday, 21 September 2014
Last updated 1 day ago
Dec 8 2011 | 1:01pm ET
Although hedge fund launches were down and liquidations up in Q3 compared to the previous quarter, 2011 is still on track to be the best year for new fund launches since 2007.
According to HFR’s latest Market Microstructure Industry Report, there were 265 hedge fund launches in Q3 2011—down by 15 from Q2 2011, but up slightly compared to Q3 2010.
The third quarter saw 213 hedge fund liquidations—20 more than in Q2 2011 and 45 more than in Q3 2010.
Q3 2011 liquidations were the highest quarterly total since Q1 2010, when 240 funds liquidated.
On the other hand, hedge fund launches remain on pace for their highest calendar year total since 2007, which saw the launch of almost 1,200 funds.
HFR also noted that hedge fund dispersion was up 30% in a volatile quarter that saw managers influenced by macro considerations surrounding the European sovereign debt crisis.
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.