Tuesday, 31 March 2015
Last updated 4 hours ago
Aug 19 2011 | 4:44am ET
African funds of hedge funds offer steady, superior and uncorrelated returns, according to a new study by PerTrac and HedgeNews Africa.
The latter's Fund of Funds Composite Index remained within a range between up 2% and down 2% on a month basis over the past two years, the study shows. By contrast, the Standard & Poor's 500 Index has been a roller-coaster ride, with monthly returns ranging from 10% up to 10% down.
What's more, African funds of funds on average enjoyed more up months than the S&P500. And during down periods, the HedgeNews Africa index outperformed the S&P500 by 42.93%.
The study is the first fruit of HedgeNews Africa's new partnership with PerTrac. The latter has added the former's database to its analytics platform.
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…