Saturday, 30 August 2014
Last updated 1 day ago
Sep 7 2012 | 10:28am ET
Hedge funds added 0.53% last month, badly lagging the broader markets, a hedge fund replication index shows.
The disappointing August—a month that saw the Standard & Poor's 500 Index rise almost 2%—leaves the Credit Suisse Liquid Alternative Beta Index up just 2.37% on the year, compared to almost 12% for the S&P500. Long/short funds actually managed to beat the broad-market index last month, rising 2.05%, but remain up just 3.67% on the year, according to Credit Suisse.
Event-driven remains the strongest strategy in the LAB arsenal after a 1.38% jump in August left it up 7.1% on the year. LAB's three other strategies were all in the red for the month.
Managed futures fell 1.5% (down 5.34% year-to-date), global strategies 0.23% (up 0.1% YTD) and merger arbitrage 0.08% (down 2.09% 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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...