Wednesday, 1 April 2015
Last updated 7 hours ago
Apr 9 2010 | 1:18am ET
Martin Currie’s China hedge fund has topped US$200 million in assets under management—quite enough, as far as the firm is concerned.
The hedge fund has been closed to new investments at US$203 million, Investment Week reports. The seven-year-old fund has enjoyed annualized returns of 16.2% since inception.
“For active equity managers, capacity matters,” Alastair Barrie, global head of hedge fund sales, told IM.
“We believe it is important to recognize capacity constraints and close funds where appropriate to ensure we continue to perform and protect the interests of our clients.”
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…