Monday, 22 September 2014
Last updated 47 min ago
Jan 11 2013 | 11:34am ET
That most pessimistic of all hedge fund indices has returned its verdict on 2012, and it is predictably bleak.
The Lyxor Hedge Fund Index returned just 3.1% last year. While no hedge fund index has come close to the Standard & Poor's 500 Index's nearly 16% return, most have been in the 5% to 7% range for last year.
Lyxor's December number, a 1.1% return, was more in line with that posted by other industry benchmarks.
Eleven of Lyxor's 14 strategy indices were up last year, led by long/short credit arbitrage (12.1%), long-bias equity (11.2%) and fixed-income arbitrage (10.5%).
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.