Sunday, 29 March 2015
Last updated 1 day ago
Jul 12 2011 | 12:30pm ET
Hedge funds netted $8.1 billion in net inflows in May, continuing their perfect run of positive flows this year.
Despite the increase, industry assets were flat in May as most hedge funds suffered losses on the month, BarclayHedge and TrimTabs Investment Research said. Hedge funds managed $1.79 trillion at the end of May.
"The industry hauled in $75 billion in the first five months of 2011, which marks the heaviest such inflow since 2007," said BarclayHedge founder Sol Waksman. "Performance, however, has hardly been stellar. The Barclay Hedge Fund Index shows a year-to-date return of just 2.1% through May, and many managers are in the red for the year."
Investors poured a net $4.5 billion into commodity hedge funds in May and $1.4 billion into fixed-income funds.
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…