Tuesday, 23 September 2014
Last updated 14 hours ago
Apr 16 2014 | 2:55pm ET
The European hedge fund industry has more than fully recovered from the financial crisis, at least in terms of assets under management.
Strong inflows and investor interest in the continent pushed European hedge fund assets up to $476.2 billion at the end of last month, surpassing the previous record of $473 billion set in October 2007, just as the global economic crisis began to snowball.
European hedge funds haven’t exactly rewarded that confidence just yet, returning 1.7% so far this year, according to Eurekahedge. North American hedge funds have been the best performers, rising 2.3%.
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.