Friday, 19 September 2014
Last updated 12 hours ago
Aug 19 2014 | 8:01am ET
Investors poured $70.9 billion into hedge funds in the first seven months of 2014, despite average returns of only 2.82% year to date.
New data from Eurekahedge shows European hedge funds took in $33.4 billion as of July 2014, up from $29.4 billion last year at this time.
North American hedge funds now manage more than $1.4 trillion, having added $62.6 billion as of July 2014.
Long/short equity, fixed-income and multi-strategy funds remained the three most popular strategies in terms of investor allocations, attracting $55.5 billion, $15.6 billion and $10.1 billion, respectively, over the monitored period.
There were 93 fewer CTA/managed futures funds at the end of H1 2014, and the strategy has seen outflows of $11.5 billion as of July.
Asia ex-Japan hedge funds outperformed all other regional mandates—they're up 6.50% YTD—and have seen their AUM grow by $6.5 billion so far this year.
Activist hedge funds remain popular with investors, with AUM growing by over $30 billion since the start of 2013.
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.