Thursday, 18 September 2014
Last updated 2 hours ago
Jun 16 2009 | 2:08am ET
Trading Down Under didn’t turn Australian hedge fund returns upside down.
Antipodean hedge funds did narrowly trail their global peers in May, according to the Australian Fund Monitors Index, which rose 3.2% last month, based on preliminary returns. Most global hedge fund indices posted gains closer to or exceeding 5%.
May’s returns, coupled with a 2.6% rise in April, have Aussie hedge funds up 6.6% year-to-date.
Commodity trading advisors did the best of all Australian hedge funds, no surprise given the commodities rally last month. CTAs jumped 9.8%, according to AFM, followed by long-only funds, which rose 4.7%. Equity 130/30 funds did the worst, dropping 0.7%.
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.