Tuesday, 23 September 2014
Last updated 11 hours ago
Apr 3 2014 | 10:34am ET
Och-Ziff Capital Management’s hedge funds lost ground last month, it said in a regulatory filing.
The firm’s flagship OZ Master Fund shed 1.99% on the month and is essentially flat on the year. Also dropping into barely positive territory in March was Och-Ziff’s Europe Master Fund, which fell 1.21% last month.
Both funds are at least still marginally up on the year. The firm’s Asia Master Fund is now down 6.7% in 2014 after falling 4.06% last month.
The news was not all bad in March: While Och-Ziff’s funds struggled in the markets, it enjoyed a “particularly strong month” among investors, taking in $1.1 billion in new money.
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.