Monday, 4 May 2015
Last updated 1 hour ago
Jun 9 2011 | 12:08pm ET
A volatile May put a big dent into the Lyxor Hedge Fund Index's year-to-date performance.
The index dropped 1.8% last month, slashing its 2011 return to just 0.3%. By contrast, the Standard & Poor's 500 Index is up almost 8% on the year.
None of Lyxor's strategy indices are anywhere near that figure. The best performer, its long/short equity market neutral benchmark, is up just 3.52% on the year. Merger arbitrage funds are up an average of 3.02% through five months, while long/short equity variable bias funds have managed an average return of 3%.
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…