Friday, 17 April 2015
Last updated 10 hours ago
Mar 2 2011 | 9:15am ET
Investors poured nearly $11 billion into hedge funds in January, indicating another step towards recovery for the industry.
"Net investor flows were positive and significantly about January 2010," HedgeFund.net reports. Positive, indeed: Investors moved $10.9 billion in new money into the sector, the third time in four months that they have added more than $10 billion to hedge funds.
Including $6.8 billion in performance gains, hedge fund assets rose to $2.49 trillion in January. But while other industry benchmarks say hedge funds are at or near their all-time high for assets, HFN's numbers show they have a long way to go.
"Total hedge fund AUM remain 18% below their all-time high, set in Q2 2008."
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…