Friday, 19 September 2014
Last updated 27 min ago
Sep 17 2013 | 2:01pm ET
Fortress Investment Group's flagship hedge fund suffered its second-straight losing month in August, cutting its year-to-date gain to under 9%.
The Fortress Macro Fund shed 1.33% last month. The fund is up 8.75% on the year, ValueWalk reports.
Fortress' Asia Macro Fund also lost ground in August, falling 0.6% to cut its year-to-date return to 10.9%.
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.