Tuesday, 23 September 2014
Last updated 8 hours ago
Nov 13 2013 | 8:04am ET
Hedge fund returned 1.06% last month, according to the SS&C GlobeOp Hedge Fund Performance Index. This brings year-to-date returns for hedge funds to 9.93%, according to the fund administration firm.
Meanwhile, the S&P 500 bested hedge funds by returning 4.5% in October, and is up 23.2% for the year though October.
And while hedge fund returns are solid, so is the stream of money pouring into them. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index have advanced 0.16% in November.
“Capital flows for the month were slightly positive, with subscription levels reaching a 10-month high,” said Bill Stone, Chairman and Chief Executive Officer of SS&C Technologies.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitich, CIO of Petty Endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
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.