Monday, 1 September 2014
Last updated 2 days ago
Aug 17 2007 | 1:37pm ET
Barclays Global Investors told investors in one of its quantitative hedge funds that August has been ugly—unless you look at its peers.
Compared to many of its fellow quant funds, the 32 Capital Fund is only slightly in the red: As of Monday, the fund was down approximately 7%, according to a letter to investors. The fund is now flat year-to-date, which also compares favorably to funds run by AQR Capital Management, Goldman Sachs, Man Group and Tykhe Capital.
Managing director Minder Cheng told clients that the fund’s “returns have turned positive since Friday.” He blamed “non-BGI quantitatively managed hedge funds de-leveing their portfolios” for the market turmoil, but echoed other quant managers burned in recent weeks, calling the volatility “technical rather than fundamental in nature.”
The Wall Street Journal reports that, unlike other hard-hit quant funds, it hasn’t faced an avalanche of redemption requests.
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 ...