Friday, 19 September 2014
Last updated 2 hours ago
Sep 14 2012 | 11:10am ET
Hedge funds added 1.06% in August, bringing their year-to-date gains to 3.81%, according to the RBC Hedge 250 Index.
Leading the pack for the month were fixed-income arbitrage funds, adding 2.02% (12.80% YTD); followed by mergers and special situations, up 1.82% (5.08% YTD); and equity long short funds, up 1.57% (4.12% YTD).
The only red ink in the August index was generated by managed futures funds, down 0.86% (down 0.48% YTD).
The index is a non-investable industry benchmark based on a universe of 4,257 hedge funds with aggregated assets under management of $1.032 trillion.
The return for July 2012 has been finalized at 0.75%.
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.