Saturday, 25 April 2015
Last updated 1 day ago
Sep 15 2010 | 2:42am ET
Hedge funds looking for eager allocators may want to consider looking north. A new survey shows that Nordic investors plan to boost their hedge fund investments this year.
More than four in 10 investors polled by SEB said they planned to increase their hedge fund allocations this year, while 46% say they’ll keep their allocation steady. Only 14% expect to cut their hedge fund investments this year.
Most investors in the region—some 74%—favor direct hedge fund investments, with only 35% using external advisers and 46% using external due-diligence consultants to choose their managers. Many also have no problem hiring smaller funds, with more than three in 10 saying that they have no minimum asset size.
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…