Friday, 19 September 2014
Last updated 15 hours ago
Jun 24 2013 | 10:55am ET
Hedge funds continued to pull back from gold last week as investors awaited word from the Federal Reserve about its bond-buying program.
Net-long positions fell by 29% in the week ended June 18, according to the Commodity Futures Trading Commission, while short holdings rose 14%, the most in eight weeks.
Fed Chairman Ben Bernanke said last week that the central bank may slow its quantitative easing program if the U.S. economy continues to improve. The Fed made no immediate change to its program.
Hedge funds and other speculators are also becoming less bullish on other commodities, with net-long positions across 18 commodities falling 2.2% on the week. Long bets across 11 agricultural products dropped 7.9%, with short positions against wheat rising and long positions on corn falling.
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.