Thursday, 28 August 2014
Last updated 8 hours ago
Dec 12 2008 | 2:09am ET
Three of four hedge fund strategies tracked by Dow Jones lost ground last month, and all four have posted big losses for the year. And they are the lucky ones.
DJ suspended two of the Dow Jones Hedge Fund Strategy Benchmarks at the beginning of the month, blaming “temporary risk mitigation measures” taken by their underlying managers. The firm has not determined when it will again begin calculating the equity-market neutral and equity long/short benchmarks.
Distressed securities was the worst performer in November of the four remaining benchmarks, shedding 7.47% (down 32.57% year-to-date). Event-driven funds lost 6.35% last month (down 23.83% YTD). Convertible arbitrage shed just 4.8% on the month, but is down a staggering 47.7% on the year.
Only merger arbitrage finished the month up, rising a scant 0.15%. The benchmark is down 8.72% on the year.
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 ...