Tuesday, 21 April 2015
Last updated 3 hours ago
Mar 5 2010 | 3:19pm ET
Hedge funds’ losing way didn’t last long, as the average fund posted gains in February. Unfortunately, according to the Hennessee Group, the broader markets did considerably better on the month.
The Hennessee Hedge Fund Index returned 1.2% last month. The Standard & Poor’s 500 Index did better than twice as well, rising 3.1%.
On the other hand, hedge funds are still outperforming stocks in the early going of 2010. The Hennessee Index is up 0.6%; the S&P 500 is down the same amount.
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…