Monday, 22 September 2014
Last updated 1 hour ago
Sep 14 2006 | 12:00am ET
Pension funds were the biggest investors in alternatives last year, responsible for nearly one-third of inflows into the sector. A new report from Watson Wyatt shows alternatives adding some $250 billion in 2005, a 20% increase in assets to $1.26 trillion. Of the increase, pension funds accounted for $77 billion, with $62 billion of that going into hedge funds.
Pensions beat out high net-worth individuals as the largest investor group in alternatives in 2005. Mutual funds, insurance companies and foundations and endowments were third, fourth and fifth, respectively.
Among all investors, funds of hedge funds were the more popular destination for cash, taking in $85 billion. Real estate attracted $59 billion, and private equity funds of funds added $42 billion.
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.