Saturday, 20 September 2014
Last updated 16 hours ago
Feb 18 2014 | 9:56am ET
More than 50 new hedge funds have gotten their start in Asia this year, as managers vie for some of the billions in investor capital that is flowing into the space.
There have been some 20% more launches so far this year than at this point last year, according to Bank of America Merrill Lynch. And the new funds are bigger as investors aggressively add exposure to Asian funds.
Asian hedge funds saw a record inflow in the fourth quarter of $4.2 billion. All told, the industry ran $112.3 billion at the end of last year, which is also a record.
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.