Wednesday, 1 April 2015
Last updated 2 hours ago
Sep 21 2010 | 10:54am ET
Commodity hedge fund Armajaro Asset Management’s flagship hedge fund remains down more than 7% this year after posting a small positive return last month.
The firm’s Commodities Fund—which invests primarily in metals, energy and grains, and which did not participate in the huge cocoa buy engineered by firm co-founder Anthony Ward in July—rose almost 0.6% in August, Reuters reports. The US$1 billion fund is down 7.3% on the year.
“Returns can be assigned to copper, gold and the grains complex, with losses suffered in crude oil,” the firm explained in a note to investors.
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…