Wednesday, 22 October 2014
Last updated 7 hours 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.
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 McKitish of Peddie School's 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…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...