Monday, 22 September 2014
Last updated 1 hour ago
Aug 19 2013 | 1:33pm ET
Investors poured $5.7 billion into hedge funds in July while performance gains added another $16.8 billion to bring total industry assets under management to $2.67 trillion, reports eVestment.
The month saw macro funds rebound sharply from significant May and June redemptions as investors allocated a net $7.6 billion to these strategies in June.
Credit funds, on the other hand, recorded their largest outflows since January 2012, with investors pulling about $3.6 billion.
Mortgage-backed securities strategies faced a second consecutive month of redemptions in July as investors pulled an estimated $4.1 billion, their largest outflows since 2006.
Multi-strategy, distressed and event-driven funds all experienced net redemptions in July, as did managed futures funds, which recorded an 11th consecutive month of outflows.
Emerging markets funds saw their largest outflows since July 2012 at $2.6 billion.
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.