Monday, 4 May 2015
Last updated 10 min ago
Jun 6 2011 | 1:50pm ET
Hedge funds are four-for-four this year in taking in new money, according to a new report.
The industry added $17.5 billion in assets in April, TrimTabs Investment Research and BarclayHedge's monthly flow report shows. Hedge funds now manage $1.8 trillion, the most since October 2008.
Hedge funds have enjoyed inflows in the first four months of the year.
Multi-strategy funds were the biggest beneficiary of the flows, taking in $5.3 billion. Macro funds saw inflows of $3 billion and fixed-income funds $1.3 billion.
"The appetite for bonds appears to be insatiable," TrimTabs' Vincent Deluard said. "Hedge fund investors, ETF investors, mutual fund investors and speculative traders are piling into the space."
Fixed-income funds have seen positive flows in 11 of the last 12 months.
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…