Saturday, 20 September 2014
Last updated 1 day ago
Nov 13 2007 | 2:37pm ET
Tactical hedge fund strategies drove industry returns last month, as the RBC Hedge 250 Index returned 2.49%. The investable benchmark is now up 9.31% year-to-date.
Three of the index’s top four performing subindices were in its tactical group, according to data from RBC Capital Markets. Managed futures funds added 4.33% last month (11.12% YTD), followed by equity long/short at 3.08% (12.83% YTD) and macro at 2.6% (3.39% YTD).
Other strong performances were turned in by mergers and special situations funds, which rose 3.16% (12.64% YTD) and 2.22% (10.35% YTD).
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.