Tuesday, 16 September 2014
Last updated 9 hours ago
Dec 18 2013 | 3:35pm ET
The Man Group has, as promised, closed its GLG Market Neutral Fund to new investors.
The fund, formerly helmed by star trader Philippe Jabre and now managed by Steven Roth, has crossed the US$1 billion, as Man predicted earlier this year. The firm said in 2011 that it would soft-close the fund when it hit that level.
The fund once managed US$3 billion before losing more than half its value during the financial crisis. Roth said two years ago that its much-lower capacity was an indication of how the hedge fund "industry has changed."
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…
The Federal Reserve keeps baby-stepping toward a “normalization” of monetary policy. But just what is normal?