Tuesday, 23 September 2014
Last updated 11 hours ago
Nov 15 2013 | 12:45pm ET
Most commodities hedge funds are taking it on the chin this year, some to a fatal extent. RK Capital Management's have avoided the sector swoon.
The London-based firm's Red Kite Metals Fund is up 33% through September, Reuters reports. Its Prospect I Fund is up 17%, and its largest fund, Compass, is up 13%. The funds, which focus on metals, have posted double-digit returns in each of the past two years.
RK has $2.3 billion in assets.
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.