Saturday, 20 September 2014
Last updated 1 day ago
Mar 18 2014 | 11:29am ET
Hedge funds added 1.79% in February as industry assets under management reached a record high $2.03 trillion, according to Eurekahedge.
Hedge funds recorded performance-based gains of US$15 billion and net asset inflows of $11 billion during the month.
Long/short equities hedge funds recorded their 15th consecutive month of positive net asset flows, with net capital allocations to the strategy for 2014 standing at $19.0 billion.
On the flipside, trend-following strategies posted their ninth consecutive month of net asset outflows in February, and saw redemptions worth $12.7 billion over this period.
Total assets in North American hedge funds reached a new high of $1.36 trillion with assets growing by $11.1 billion in the first two months of the year.
Japan-focused hedge funds recorded their second consecutive month of negative returns, down 1.12% year-to-date.
Distressed debt funds delivered their eighth consecutive month of positive returns, up 2.25% during the month and 3.37% year-to-date.
In 2013, a total of 1,124 new funds were launched while 777 funds reported themselves as liquidated, bringing the current size of the hedge fund industry to 10,757 hedge funds.
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.