Sunday, 21 September 2014
Last updated 1 day ago
Mar 27 2013 | 10:36am ET
Asia-Pacific hedge funds were the top performers over the past 12 months, according to the latest data from Preqin.
Asia-Pacific funds returned 10.71% over the monitored period, compared to 9.37% for North America-focused funds and 6.88% for Europe-focused funds.
The overall picture for hedge funds as painted in this month's Preqin Hedge Fund Spotlight, was less rosy: gains for funds across all strategies and regions were down from 2.47% in January to 0.39% in February. That said, the only losing strategies in February were macro funds, down 0.19%, and emerging markets, down 0.08%.
Year-to-date, all strategies and regions covered by Preqin were in the black. Asia-Pacific funds were up 6.23%; European funds up 3.32% and North American funds up 3.22%. Long/short equity funds were the best-performing strategy YTD, up 3.86%; followed by multi-strategy funds, up 3.00%; and event-driven, up 2.72%.
Funds of funds gained 0.05% in February and are up 2.15% YTD.
Preqin's latest research also shows that 79% of investors believe that hedge fund performance in 2013 will beat that of 2012.
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.