Wednesday, 6 May 2015
Last updated 16 min ago
Mar 2 2010 | 4:32am ET
Hedge funds posted mixed returns in February, according to early estimates from the Dow Jones Hedge Fund Strategy Benchmarks.
Equity long/short funds added 1.11% last month, but it was the only strategy in the black in February.
Event-drive funds dipped 0.7% on the month, and merger arbitrage funds lost 0.92%.
After the first two months of the year, long/short funds are up 0.83%, merger arbitrage funds down 0.98%, and event-driven funds perfectly flat.
Dow Jones’ convertible arbitrage, distressed securities and equity market-neutral indices all remained suspended in February.
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…