Friday, 27 March 2015
Last updated 2 hours ago
Jun 14 2010 | 12:02pm ET
Retail hedge fund firm Superfund is cutting back after a difficult 2009.
The managed futures shop, which manages about US$1.24 billion, has shut six offices around the world and laid off staff to cut costs. Superfund blamed a tough business environment for the move.
The firm has closed its sales offices in Dubai, Liechtenstein, São Paolo, Brazil, Singapore and Sydney, Australia. In addition, it has shut an administrative office in Monaco.
The closures leave Superfund with offices in Amsterdam, Milan, Frankfurt, Warsaw, Zurich, Luxembourg, Montevideo, Tokyo, New York, Hong Kong and Vienna.
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…