Thursday, 18 September 2014
Last updated 11 min ago
Jul 15 2013 | 12:12pm ET
The RBC Hedge 250 Index was down 1.09% in June, bringing its year-to-date return to 3.84%.
Equity market neutral were the only strategies tracked by RBC to end the month on a positive note: up 0.47% (up 1.71% year to date).
Managed futures funds were the biggest losers, down 2.42% on the month (and 3.26% YTD). Macro funds lost 1.91% on the month month (and 1.24% YTD), mergers and special situations funds were down 1.76% on the month (but up 8.86% YTD), credit funds were down 1.13% on the month (up 5.66% YTD) and fixed-income arbitrage funds were down 1.10% on the month (but up 2.32% YTD).
Multi-strategy funds were down 0.61% in June (up 6.61% YTD) and convertible arbitrage funds were down 0.23% (up 5.94% YTD).
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.