Monday, 22 September 2014
Last updated 2 hours ago
Mar 6 2008 | 10:00am ET
After a terrible start to the new year, four of the six hedge fund strategies covered by Dow Jones Hedge Fund Indexes posted positive returns for the month of February.
Merger arbitrage, which so far remains the only strategy with positive gains for the year, and equity long/short were the leaders for the month with net-of-fees gains of 1.95% and 1.49%, respectively.
Event driven and equity market neutral posted returns of 0.86% and 0.63%, respectively, and convertible arbitrage posted a loss of -0.02% and is down 0.24% for the year.
Lastly, distressed securities continued to decline for the year, losing -0.51% in February and bringing their year-to-date performance to -4.01%. But equity long/short continues to hold the distinction of the worst strategy to date losing 4.67% in the first two months.
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.