Saturday, 18 April 2015
Last updated 4 hours ago
Nov 29 2010 | 12:29pm ET
Financial Risk Management is throwing in the towel on its listed Credit Alpha fund.
The firm said last week that investors voted against continuation of the fund at its annual meeting and that it " will be consulting with shareholders regarding options for winding up, reorganizing or restructuring" the three-and-a-half-year-old fund.
FRM Credit Alpha is the second listed FRM fund to bite the dust in as many years. Last summer, the firm asked investors to vote to wind-up its US$70 million Diversified Alpha fund.
Both funds were listed on the London Stock Exchange.
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…