Friday, 24 October 2014
Last updated 15 hours ago
Jan 12 2012 | 5:09am ET
Despite an extremely disappointing 2011, investors are not punishing hedge funds unduly this month.
The GlobeOp Capital Movement Index inched down 0.88 points to 140.18, perilously close to the level it stood at following the collapse of Lehman Brothers more than three years ago. But those numbers may not be as bad as they look at first glance.
"In line with year-end portfolio rebalancing, January net capital flows were negative," GlobeOp Financial Services CEO Hans Hufschmid said. "The net figures were therefore not unexpected. Interestingly, January's inflows were the highest in 12 months; outflows were the second-lowest in seven years."
Gross inflows into hedge funds rose 3.96%, according to GlobeOp, better than November's 3.52%. Still, gross outflows rose from 1.92% to 4.84% in the month to Jan. 1.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...