Tuesday, 23 September 2014
Last updated 10 hours ago
Jun 17 2008 | 10:01am ET
Hedge fund inflows fell by more than 80% in the first quarter, according to data released yesterday.
Investors added $2.6 billion to hedge funds in the first three months of the year, according to Lipper TASS. In the fourth quarter of last year, hedge funds took in $13.7 billion.
Event-driven hedge fund managers won the biggest inflows during the quarter.
The first-quarter decline was the fourth consecutive drop in quarterly inflows for hedge funds, Lipper TASS said.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitich, CIO of Petty Endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
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.