Monday, 22 September 2014
Last updated 1 hour ago
Mar 8 2012 | 1:17pm ET
A couple of prominent hedge funds continued a run of (relatively) strong performance this year with a positive February.
Third Point's Ultra fund added 1.6% last month, Reuters reports, leaving the fund up 7.5% on the year. Greenlight Capital had an even better February, rising 3.1%. The fund is now up more than 6% in 2012.
Still, both funds are trailing the Standard & Poor's 500 Index, which rose 8% in the first two months of the year.
Conquest Capital Group's Macro fund is also trailing the S&P—by a much, much wider margin. The fund fell 5.77% last month and is now down almost 10% on the year.
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.