Jan 19 2007 | 5:33am ET
Attention hedge fund managers! Another hedge fund of funds has officially joined the billion-dollar club. U.K.-based FIM Advisers’s flagship low-volatility fund of funds, FIM Long-Invest, has broken $1 billion in assets as of Dec. 31, 2006.
The fund had a “very positive” 2006 despite difficult market conditions during the middle part of the year, according to the firm, which said that since inception 10 years ago, the fund has achieved 88% “up” months and only 17 “down” months.
Mar 17 2014 | 9:30am ET
“Transparency” has become a touchstone for investors in the post-Madoff world but, according to Carl Lingenfelter, chief administration officer at Northern Trust Hedge Fund Services, it's a concept that has evolved over the past five years from fraud protection to risk management to investment performance. Read more…
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…