Tuesday, 23 September 2014
Last updated 1 hour ago
Jul 12 2012 | 10:22am ET
For more than a year, Polar Capital has been rebuilding its asset base. But investors still stubbornly refused to return to its hedge funds.
Until now: The London-based money manager saw its first net inflow into its hedge funds in recent memory, taking in US$8 million. That contributed to an inflow of US$374 million to all of its funds in the second quarter.
Polar's assets now stand at $5.081 billion, slightly less than it managed three months ago due to performance losses.
"We consider that the group is well-positioned to grow further over the coming months, assuming market conditions do not deteriorate further," Polar said.
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.