Friday, 19 September 2014
Last updated 36 min ago
Aug 13 2008 | 1:00am ET
Morningstar Inc. is expanding its hedge fund ratings to funds of hedge funds.
The Chicago-based investment research firm is bringing its famous star ratings to funds of funds, six months after rolling out ratings for single-manager funds. The fund of funds ratings are expected to be available by the end of the year, Investment News reports.
Morningstar divides hedge funds into 17 categories. Funds of funds will be divided into six to nine categories.
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.