Monday, 22 September 2014
Last updated 1 hour ago
Sep 5 2012 | 9:29am ET
Fund of hedge funds Altin AG is up 2.58% through August, less than the average hedge fund but well ahead of its average peer.
The US$270 million Swiss firm's fund is well ahead of the 1.75% that the average fund of funds has returned this year. But it badly lags both single-manager funds, which have added about 5%, and the Standard & Poor's 500 Index, which is up about 12%.
Altin has more than 30 underlying managers. Most of its money is currently in long/short equity and macro strategies, Investment Europe reports.
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.