Thursday, 28 August 2014
Last updated 52 min ago
Aug 2 2013 | 10:02am ET
June was a brutal month for Brevan Howard Asset Management, with most of its major strategies losing ground.
None suffered more than its US$2.8 billion Emerging Markets Strategies Master Fund, which shed 6.5% on the month and is now down 13.3% on the year, ValueWalk reports. Another emerging markets vehicle, Emerging Markets Local Fixed Income, dropped 0.65% in June and is down 4.2% on the year.
The firm's US$28 billion flagship Master Fund dropped 2.9%, cutting its year-to-date return to 4.25%. Credit Catalysts Master fell 0.5% last month and Credit Value Master 2%. Both remain up on the year.
Not all of Brevan's funds lost ground last month; it's US$2 billion Asia Master Fund rose 2.2% and is up 7.5% on the year. And the firm's BH Commodities Strategies rose 0.65% in June, cutting its year-to-date loss to 2.3%.
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 ...