Wednesday, 1 April 2015
Last updated 7 hours ago
Jun 13 2011 | 6:07pm ET
Clive Capital is lending its expertise to a new active commodities index offered by Goldman Sachs.
The world's largest commodity hedge fund is charged with altering the weight of the 19 commodities including in the index on a monthly basis, the Financial Times reports. Clive will use the Dow Jones-UBS commodities index as its starting point, and will have limited freedom: The hedge fund cannot move into commodities not included in the Dow Jones benchmark nor exclude any; it also cannot employ short-selling.
The index will feature such commodities as cattle, crude oil, gold, sugar and wheat.
Goldman, which launched the pioneering Goldman Sachs Commodities Index in 1991, is marketing the benchmark to risk-averse investors, including pensions, foundations and endowments.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
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…