Friday, 19 September 2014
Last updated 4 hours ago
Aug 7 2012 | 11:27am ET
Managed futures and credit strategies posted strong returns in July according to hedge fund industry estimates released by eVestment|HFN.
CTA/managed futures strategies returned 2.44% in July and credit strategies 1.46%, compared to a 0.7% median return for all hedge funds. Year to date, managed futures are up 1.45% and credit strategies 6.35% compared to a 3.1% gain for hedge funds overall. The S&P 500 index, by way of comparison, was up 1.4% in July and 11.0% YTD.
eVestment|HFN attributes the strong performance by managed futures strategies to the return of trending U.S. dollar strength and the drought-induced spike in grain prices.
Hedge fund assets stood at $2.5 trillion at the end of June, having fallen for four consecutive months.
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.