Sunday, 21 September 2014
Last updated 1 day ago
Dec 18 2006 | 12:49pm ET
Hedge Fund Research’s HFRI Composite Index inched closer to the Standard & Poor’s 500 Index in November with a 2.25% return. The main HFRI index returned 11.44% through the end of November, putting it within spitting distance of the S&P’s 12.2% through the same period.
The index’s big month was driven by especially strong returns in its emerging markets and macro indices, which returned 4.34% and 2.62%, respectively. The emerging markets index is up 20.26% this year through November, by far the best-performing HFRI index. Other top performers include merger arbitrage (up 1.57% in November, 14.4% YTD), distressed securities (1.83%, 13.96% YTD) and event-driven (1.94%, 13.72% YTD).
Funds of funds also posted a strong month, with the HFRI Fund of Funds Composite Index rising 1.85% to 8.45% YTD.
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.