Friday, 29 August 2014
Last updated 1 hour ago
Mar 7 2012 | 2:08pm ET
Despite posting gains in most of its hedge funds, including its largest, Fortress Investment Group will not remember February fondly.
The New York-based alternative investments giant saw its Asia Macro Fund add 1.5% and its flagship macro fund 0.8% last month, it said in a regulatory filing yesterday. Those funds are now up 3.76% and 4.71% on the year, respectively.
But its commodities fund's losses dwarfed those at 5.01% in February. That fund is now down 5.43% in 2012.
The two funds that did manage to post gains last month badly trailed the Standard & Poor's 500 Index, which added 4.1% in February.
Fortress' credit hedge funds report a month later than its liquid offerings, and returned between 1.18% and 1.34% in January.
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 ...