Tuesday, 2 September 2014
Last updated 3 days ago
Aug 10 2007 | 6:30am ET
As the hedge fund world waits for and wonders about what horrors August may bring, the general consensus is that July wasn’t so bad—for most hedge funds.
The latest bringer of not-so-bad news is the Greenwich Global Hedge Fund Index, which gained 0.13% last month, easily eclipsing the Standard and Poor’s 500, which dropped more than 3%. Year-to-date, the Greenwich index is up 7.98% through July.
“While difficult to predict the full market impact associated with absorption of sub prime risks, this month’s hedge fund performance indicates the impact will likely be less significant than feared,” notes Ben Rossman, general manager of Greenwich Alternative Investments.
“Of the funds that Greenwich tracks, those with direct exposure to such risks – inaccurate pricing of CDOs and other opaque instruments, tighter credit terms, potential reform to rating agency operations and the like – are estimated to represent less than 10% of the hedge fund universe.”
Greenwich’s Investable Hedge Fund Index wasn’t as lucky as its flagship partner: It fell 0.74% on in July, and is now up 5.39% year-to-date.
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 ...