Thursday, 18 September 2014
Last updated 18 min ago
Aug 3 2012 | 10:23am ET
Most hedge funds enjoyed gains in July, according to a suite of industry replication indices.
IndexIQ's IQ Hedge Composite Beta Index rose 1.34% last month and is up 4.23% on the year. The rising tide lifted all strategies tracked by IndexIQ in July save one: the IQ Hedge Market Neutral Beta Index fell slightly, 0.07%, on the month (up 0.58% year-to-date).
Global macro easily topped the charts last month, returning 3.28% (6.67% YTD), followed by event-driven (2.14% in July, 4.71% YTD). Long/short was up 1.31% (4.61% YTD), fixed-income arbitrage 0.84% (6.14% YTD) and emerging markets 0.56% *2.57% YTD).
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.