Tuesday, 30 September 2014
Last updated 15 hours ago
May 30 2012 | 12:52pm ET
After turning away new investors for more than three years, Greenlight Capital is welcoming them once again.
The New York-based hedge fund reopened to investors in the first quarter, it told clients in a letter yesterday. And, perhaps encouraged by the hedge fund's 6.8% return in the first three months of the year, would-be investors took advantage of the opportunity, helping push assets up 6% on the quarter.
A "high percentage" of the inflows went into the dollar-denominated share class of Greenlight's Gold Fund, the firm said. Greenlight now has $7.8 billion in assets under management.
Greenlight credited both its longs and shorts for its returns in the first quarter, citing bets on Apple Inc. and Seagate Technology and against the Japanese yen and Diamond Foods.
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…
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…
The trading world is inundated with strategies and techniques. Here’s one way traders can get a handle on information overload.