Saturday, 23 May 2015
Last updated 13 hours ago
Jan 17 2007 | 12:24pm ET
Hedge fund managers are increasingly bullish on the equity market, according to the latest Merrill Lynch monthly survey of fund managers.
Hedge funds have upped their exposure to equities to 40% from 36% last month, the survey showed. In addition, funds are losing their appetites for volatility, with only 14% saying they hope to increase their exposure. In December, 24% indicated their aim to boost volatility exposure.
Thirty-six hedge fund managers responded to the Merrill survey.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…