Wednesday, 1 April 2015
Last updated 2 hours ago
Apr 5 2007 | 2:25pm ET
All six hedge fund strategies tracked by the Dow Jones Hedge Fund Strategy Benchmarks posted positive returns in March, but most trailed the broader markets, which rebounded from late February’s correction.
Equity long/short was the best-performing strategy, Dow Jones Indexes said, with a 1.76% return (4.12% year-to-date), followed by distressed securities at 1.23% (4.29% YTD).
The quarter’s best-performer, merger arbitrage (6.43% YTD), was the month’s worst, adding only 0.2%. By contrast, the Standard & Poor’s 500 rose 1.12% last month (0.64% YTD) and the Dow Jones Wilshire 5000 1.11% (1.4% YTD).
March’s other market laggards were equity market-neutral (0.8%, 1.26% YTD), event-driven (0.73%, 3.25% YTD) and convertible arbitrage (0.21%, 1.76% YTD).
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…