Tuesday, 31 March 2015
Last updated 4 hours ago
May 27 2010 | 11:35am ET
Is the hedge fund industry bigger than most think? It certainly could be, if the latest figures from HFMWeek are any indication.
Its survey of custodians and administrators finds that hedge fund assets under administration have topped $2.7 trillion, roughly $700 billion more than the most optimistic of other measures of hedge fund assets.
The HFMWeek survey also shows that the hedge fund industry is growing rapidly, by 9% over the past six months, and on course to top its previous high of $2.9 trillion and break the $3 trillion barrier this year.
HFMWeek surveyed 79 administrators. Its figures exclude leverage.
The survey shows that most of the growth in the industry is coming in managed accounts.
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…