Monday, 30 March 2015
Last updated 9 hours ago
Jul 13 2010 | 11:09am ET
Hedge funds were flat in June—finishing off a lackluster second quarter.
All of Newedge’s benchmarks were in the red last month, including its commodity trading advisors index, which dropped 19 basis points in June, although it managed to remain in positive territory on the year at 1.75%. Even the best-performing strategy tracked by Newedge was down in June, if only marginally: the Alternative Edge Short-Term Traders Index dipped 0.05% on the month (up 0.83% year-to-date).
The Commodity Trading Index (Equity) dropped 1.43% (down 2.65% YTD) and the Volatility Trading Index fell 1.06% (down 6.77% YTD). Newedge’s Commodity Trading Index lost 0.67% (down 3.64% YTD), its Commodity Trading Index (Trading) lost 0.5% (down 3.88% YTD) and its Macro Trading Index (Quantitative) lost 0.25% (up 2.45% YTD).
Both the Macro Trading Index and Macro Trading Index (Discretionary) lost 0.24% on the month, with the former up 1.43% through the first half and the latter 0.96%.
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…