Wednesday, 3 September 2014
Last updated 14 hours ago
May 21 2008 | 10:12am ET
A new survey of more than 70 U.S. hedge fund managers and their advisers found that most have a broadly pessimistic view on the prospects for the U.S. economy in 2008.
According to Kinetic Partners, which provides audit and assurance, tax, regulatory risk and compliance services to the investment industry, 75% of managers believe the Dow Jones Industrial Average will show negative returns in 2008 and 80% say that the U.S. economy will be stagnant or in recession at the end of the year. And the vast majority of hedge funds believe the Federal Reserve will keep a tight rein on interest rates
Julian Korek, a member of Kinetic Partners, said: “The hedge fund industry has suffered hard in the credit crunch, as asset values tumble and prime brokers put a choke on new financing. Our survey suggests that the US hedge fund community sees little improvement before the end of the year, and that the slowdown will continue.”
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…
The twin debacles of MF Global and PFG have damaged the reputation of the futures industry demanding an examination of customer protection rules. New rules are being implemented, which will add cost a...