Monday, 4 May 2015
Last updated 14 min ago
Apr 20 2011 | 1:10pm ET
Canadian hedge funds did no better—nor worse—than their global counterparts in March.
The average Canadian fund lost 0.09% last month on an asset-weighted basis, the Scotia Canadian Hedge Fund Performance Index shows. The benchmark is up 1.09% on the year, about half the returns posted by global indices for the first quarter, and well behind both the Canadian and U.S. stock markets, which are up in excess of 5%.
On an equal-weighted basis, things are even more grim: That index lost 0.7% in March and is up just 0.83% through the first three months of the year.
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…