Friday, 19 September 2014
Last updated 12 hours ago
Sep 2 2008 | 1:27pm ET
The financial services sector has done anything but pay off for Atticus Capital.
The New York-based hedge fund has seen 30% of its assets disappear as financials have plunged around the world. It’s Atticus European fund is down 32.9% through the end of August, while its Atticus Global fund has lost about 25%, Dow Jones Newswires reports.
The losses leave the activist giant with just $14 billion in assets under management, down from $20 billion last summer.
Still, investors seem to be sticking by the firm. According to Dow Jones, the firm has received only a limited number of redemption requests.
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…
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