Wednesday, 27 August 2014
Last updated 1 hour ago
Jun 3 2013 | 11:00am ET
Hedge funds may be back on the gold bandwagon.
After a difficult two months for the precious metal, hedge funds raised the bullish bets on gold by the most in that period, the Commodity Futures Trading Commission said. Speculative net-long positions increased by 35%, the largest jump since the middle of March, about a month before a major swoon cost gold-bug hedge funds, notably Paulson & Co. and Greenlight Capital, dearly.
The resurgence is credited to the weaker-than-expected U.S. economy, leading to speculation that the Federal Reserve would maintain its stimulus programs. Most of the gain in net-long positions actually comes from a big drop in short positions, rather than a huge number of new long bets.
Shorts against gold hit a record two weeks ago.
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 ...