FX hedge funds gain 3.65% in 2014 on strong U.S. dollar... [more]Komfie Manalo, Opalesque Asia: The strong U.S. dollar and the continued downward spiral of oil prices helped push FX hedge funds to gain 3.65% in 2014, said Parker Global Strategies. The Parker FX Index reported a +0.67% return for the month of D
Endowments average 15.5% return in FY2014... [more]Bailey McCann, Opalesque New York: Educational endowments, some of the leading investors in alternatives, averaged 15.5% return for FY2014, according to the latest NACUBO-Commonfund Study of Endowments. This is an increase over FY2013, which saw 11.7%. In total, the study looks at 832 institution
Former hedge-fund managers hit the comeback trail... [more]From WSJ.com: It can be tough to start over in the hedge-fund world. The $2.8 trillion industry is strewed with tales of managers who, after shutting down large funds, relaunched only to limp along or close again. Undaunted, veteran stock pickers Michael Karsch and Adam Weiss plan to launch new fund
…And Finally - Woman blows up toilet trying to kill cockroach... [more]From Metro.co.uk: Cockroaches are notoriously hard to kill. In the ‘Who would survive a nuclear war?’ debate, it is accepted that the creepy-crawlies would endure.
Even when you chop them in half they keep wiggling. Even when you chop their heads off (which kills vampires for goodness’ sake),