Monday, 4 May 2015
Last updated 5 hours ago
Apr 1 2010 | 8:36am ET
Finles Capital Management has launched an investible index comprised entirely of Dutch hedge funds.
The new fund of funds product is based on the Finles/IEX Dutch Hedge Fund Index, which the firm launched last year. The 27-constituent index returned 11% last year.
“Hedge funds based in the Netherlands have proved that they can match up to foreign competition and achieve very good investment returns,” Finles’ Rob van Kuijk told Hedgeweek. “That’s the reason we’re launching this initiative.”
Finles’ new Dutch Hedge Fund Tracker will include no more than 25 of the index’s constituent funds. At least 80% of the fund of funds will be invested in liquid hedge funds.
Currently, 29% of the index is made up of long/short equity funds, 11% of global macro funds and 10% of multi-strategy funds.
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…