Friday, 27 March 2015
Last updated 1 hour ago
Mar 3 2010 | 5:41am ET
After their hot 2009, hedge funds are off to a slow start in 2010.
The average hedge fund is flat through the first two months of the year, according to Bank of America Merrill Lynch. Analysts at the bank said the average fund rose 0.34% in Feburary.
“Overall, hedge funds are still cautious on equities, but appear to have returned to commodities,” the bank’s analysts wrote in a research note.
BofA also said that hedge funds have boosted their bets against the euro. Those positions have led to a collusion investigation by the U.S. Justice Dept.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
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…