Sunday, 21 September 2014
Last updated 1 day ago
Oct 23 2007 | 12:42pm ET
Investors’ appetite for hedge funds has abated somewhat in the face of this summer’s difficulties, but not enough to keep the industry from its annual inflow record-breaking.
Hedge fund managers added $45.2 billion in new assets in the third quarter, according to Hedge Fund Research. Year-to-date, investors have added more than $160 billion to hedge funds, easily surpassing the record of $126 billion set last year. All told, hedge funds now manage some $1.81 trillion.
The good news notwithstanding, investors are putting less new money into hedge funds as the year goes on—and bad news makes a splash in the headlines. The $45.2 billion inflow was significantly lower than that in the first two quarters of the year—$60 billion and $58.7 billion, respectively—and is the lowest level since the final quarter of last year, when hedge funds added just $16.8 billion.
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.