Monday, 25 May 2015
Last updated 3 days ago
Apr 9 2007 | 9:57am ET
Hedge funds went back to their trailing-the-broader-markets way in March, but that will be cold comfort to anyone whose investments track the Standard & Poor’s 500.
The Greenwich Global Hedge Fund Index rose 0.98% in March, behind the S&P500’s 1.12%, but year-to-date, it’s not even close. The Greenwich index is up 2.82% in 2007, while the S&P500 needed March’s bump just to get back into the black, at 0.64%, after February’s bloodbath sent it into the red.
According to Greenwich Alternative Investments, 17 of the 18 strategies it follows are on positive group this year, and 14 of those have returned more than 2% year-to-date. The laggard is futures, which plummeted almost 2% in March and is down 2.5% in 2007.
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…