Thursday, 28 August 2014
Last updated 8 hours ago
Nov 29 2012 | 12:11pm ET
Quantitative hedge funds are in danger of suffering one of their worst-ever years.
While the average hedge fund has suffered a simply below-average year, some of the industry's biggest black boxes are doing much, much worse. Aspect Capital is down 11.7% through Nov. 21, the Financial Times reports, while Highbridge Capital Management's quantitative commodities fund is down 10% through October.
Others aren't doing much better: Renaissance Technologies' Institutional Futures Fund has lost 6.1% this year through mid-November. Winton Capital's flagship is down 5.65% through Tuesday, and BlueCrest Capital Management's BlueTrend fund plummeted into the red last month with a 5.3% drop. It is now down 3.1% on the year.
Indeed, one knows things are bad when Man Group's troubled AHL strategy is a bright spot for quants, down just 2.8% through Nov. 19.
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 ...