Friday, 19 September 2014
Last updated 7 hours ago
Jan 8 2014 | 12:27pm ET
Hedge funds returned 8.99% last year, according to a widely-followed industry index.
December's Santa Claus rally failed to lift the Greenwich Global Hedge Fund Index into double-digit territory. The benchmark rose just 0.94% on the month, which saw the Standard & Poor's 500 Index rise 2.53%.
For the year, the S&P500 was up more than 30%.
Long/short equity was the best-performing strategy of 2013, adding 14.41% on the year, according to Greenwich Alternative Investments. Event-driven funds came in second at 14.04% but was the best strategy in December, up 1.34%.
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.