Monday, 22 September 2014
Last updated 55 min ago
Oct 22 2009 | 1:26pm ET
The global hedge fund industry grew for the fifth-straight month in September, according to Eurekahedge, which declared the era of big net redemptions stemming from the economic crisis over.
Hedge funds managed $33.8 billion more at the end of last month than at the end of August, according to Eureka. Some $15.1 billion of that new money came in the form of inflows, and another $18.7 billion from performance. Hedge funds have had, by some measures, their best first three quarters in history this year.
Eureka said global hedge fund assets should crest $1.5 trillion by the end of 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…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.