Saturday, 20 September 2014
Last updated 10 hours ago
Nov 15 2013 | 11:48am ET
Hedge funds took in more than $4 billion in new money in September, pushing the industry to its highest asset level in five years.
The net inflow of $4.1 billion was the third positive month in a row for hedge funds, according to BarclayHedge and TrimTabs Investment Research.
"The hedge fund industry has received $51.6 billion in 2013, which is a huge turnaround from the outflow of $2.6 billion in the same period last year," BarclayHedge founder Sol Waksman said.
Funds of hedge funds haven't seen that turnaround, however, posting their 22nd monthly outflow in the last 24 months. September's net outflow was $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.