Tuesday, 31 March 2015
Last updated 13 hours ago
Jul 15 2010 | 11:51am ET
Hedge funds shed 0.5% last month, burned by volatile equity markets.
The Eurekahedge Hedge Fund Index posted its second straight monthly loss in July, leaving it essentially flat—down less than 0.1%—through the first half. Equity hedge funds took it especially hard, losing 1.1% on the month.
Commodity trading advisers had the best July of any strategy tracked by Eurekahedge, rising 0.6%. Fixed-income funds added 0.5%, enjoying the second-best return of the first half, following distressed debt funds, which rose 6.4% between January and June.
Regionally, four of seven indices took a dive last month, none more so than that track Eastern European and Russian hedge funds, which dropped 2.3%. North American hedge funds shed 0.9%.
Latin America funds were the best bet in June, adding 1%, and 1.5% through the first half. Asia ex-Japan funds plummeted 3.1% on the half, the worst of any regional index.
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…