Sunday, 21 September 2014
Last updated 2 days ago
Aug 14 2014 | 8:52am ET
Investors poured $82.5 billion into into hedge funds in H1 2014, the most since 2007.
In the month of June, hedge funds took in $7.7 billion, down from $19.1 billion in May, according to new data from BarclayHedge and TrimTabs Investment Research.
Industry assets climbed to a six-year high of $2.35 trillion in June, according to estimates based on data from 3,441 funds. Assets rose 21.0% in the past 12 months but were down 3.6% from the all-time high of $2.4 trillion in June 2008.
And while inflows have been impressive, returns have been less so: hedge funds added 1.4% in June, trailing the S&P 500 Index, which added 2.1%. In the past 12 months, hedge funds have returned 10.8%, according to TrimTabs/Barclay Hedge, while the S&P 500 has returned 24.6%.
The July TrimTabs/BarclayHedge Survey of Hedge Fund Managers found 37.2% of respondents bullish on the S&P 500 over the next 30 days, while 34.6% were bearish.
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.