Sunday, 31 August 2014
Last updated 1 day ago
Sep 23 2008 | 10:26am ET
Barely any hedge funds are currently doing well enough to collect performance fees, a new survey shows.
A Eurekahedge poll of some 4,000 hedge funds from around the world found that just one in 10 are earning performance fees, as hedge funds have been beaten down this year by the credit crisis and Wall Street volatility. Worse yet, just 3% of hedge funds surveyed were above their high-water mark.
Some 90% of equity long/short hedge funds were below their high-water marks, according to Eurekahedge.
The numbers are only slightly less grim for other strategies, with 86% of event-driven funds, 85.4% of distressed securities funds and 82.6% of futures funds below their high-water marks.
And the stats figure to get even worse. The survey used numbers from July 31, before the recent moves against short-sellers and the collapse of the investment banking industry.
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...