Monday, 27 April 2015
Last updated 2 days ago
Mar 10 2010 | 12:39pm ET
Hedge funds were up slightly last month as all but one strategy posted gains, according to early estimates from Eurekahedge.
The Eurekahedge Hedge Fund Index rose 0.52% in February. The index is down 0.26% on the year. Commodity trading advisors and managed futures funds were up 1.27% on the month (down 1.3% year-to-date), and relative value funds added 1.15% (1.16% YTD).
Multi-strategy funds were up 0.61% (0.34% YTD), arbitrage funds 0.55% (1.32% YTD) and fixed-income funds 0.46% (1.12% YTD).
Of the nine Eurekehedge strategy indices, only distressed debt lost ground in February, dropped 0.02% (up 2.68% YTD).
Regionally, results were much more mixed. North American hedge funds rose 1.41% (0.95% YTD), but Eastern Europe and Russia funds plummeted 4.47% (down 1.96% YTD). No other region rose or fell more than 1%; Latin America, Asia ex-Japan and Japan hedge funds were up, European and emerging markets hedge funds were down.
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…