Sunday, 24 May 2015
Last updated 2 days ago
Feb 17 2010 | 1:59am ET
It was a cold January for hedge funds, according to the Lipper Hedge Fund Composite Index.
The average fund opened 2010 with a 0.94% drop. While hardly a bloodbath, the losses were widespread, with just one strategy ending the month in the black. That strategy was credit-focus, which added 0.27% in January.
Managed futures funds took the biggest dive, falling 2.79%. Other hedged strategies did nearly as badly, losing 2.67%. Long-bias funds shed 1.7%, long/short equity funds 1.05% and convertible arbitrage funds 0.27%.
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…