Thursday, 28 August 2014
Last updated 14 hours ago
Jun 10 2013 | 9:30am ET
Hedge funds posted modest gains last month, as stocks continued to soar.
The Lyxor Hedge Fund Index rose 0.33% in May, far behind the Standard & Poor's 500 Index's jump of about 2%. The hedge fund benchmark is up just 3.53%, compared to the S&P500's roughly 16%.
"The economic data strengthened significantly starting with the U.S. April nonfarm payrolls report in the beginning of May," Lyxor wrote. "Risk assets generally rallied in May but the bigger theme was the sharp rotation out of defensive sectors and assets into those with a more cyclical tilt."
Special-situations funds did best in May, rising 3.05%. Long-bias funds rode the market rally to a 1.66% return on the month, while merger arbitrage funds added 1.53%.
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 ...