Monday, 22 September 2014
Last updated 2 days ago
May 13 2014 | 9:57am ET
April was a ho-hum month, at best, for the average hedge fund. For Segantii Capital Management, it was its best month ever.
Segantii’s six-and-a-half year old Asia-Pacific Equity Multi-Strategy Fund rose 8.3% last month, Bloomberg News reports. The jump erased the $638.9 million fund’s first-quarter losses and has it up 6% year-to-date.
Segantii focuses on North Asian stocks and equity-linked securities. Its relative-value strategy proved especially strong in April, returning 7.9%. The Hong Kong-based firm did not elaborate on which investments proved most successful.
Segantii has enjoyed annualized returns of 13.8% since its debut in late 2007, but suffered its first-ever losing year in 2013, dropping 1.7%.
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.