Thursday, 26 March 2015
Last updated 24 min ago
Oct 13 2010 | 11:44am ET
Last month was the best September for hedge funds on record, according to Eurekahedge.
The Eurekahedge Hedge Fund Index returned 3.45% on the month, it's second-best month in more than seven years. The index is up 5.15% on the year.
Long/short hedge funds were the strongest strategy in September, rising 4.3% on the month, followed by event-driven funds at 3.8%.
Regionally, Greater Cina hedge funds did best, rising more than 7% on the month, followed by Asia ex-Japan funds at 6%, with emerging markets funds adding 4.2%. Japan hedge funds, by contrast, gained just 0.7% on the month.
Eastern European and Russia funds were up 3.9%, while North America funds rose 3.7%.
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…