Monday, 22 September 2014
Last updated 8 hours ago
Nov 9 2009 | 10:40am ET
For a hedge fund index provider, Dow Jones Hedge Fund Indexes is providing precious few hedge fund indices these days.
The firm suspended publication of its equity-market neutral index on Friday, the sixth time it has suspended and index since the beginning of the financial crisis. Dow Jones is now publishing just three of its six hedge fund indices, equity long/short, event-driven and merger arbitrage.
Dow Jones blamed “market conditions in the equity market neutral space” for the decision. It is the second time in just a year that the firm has suspended the equity-market neutral benchmark; after being put on the shelf in December, the index returned in March.
In addition to the equity-market neutral index, the convertible arbitrage and distressed securities benchmarks are also currently suspended.
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.