Sep 7 2011 | 11:49am ET
Hedge funds fell almost 3% last month, leaving the average fund down almost 4% on the year with just four months to go.
The Dow Jones Credit Suisse Core Hedge Fund Index lost 2.88% in August, the Credit Suisse Index Co. said. The benchmark is now down 3.76% on the year.
Feb 3 2014 | 9:27am ET
In recognition of his extraordinary dedication to philanthropy, Marathon Asset Management’s Bruce Richards will be presented with the Award for Caring during the 16th Annual New York Open Your Heart to the Children Benefit, which takes place on Thursday, March 6. The gala, the largest gathering that Hedge Funds Care/Help For Children holds worldwide, will bring together 1,000 hedge fund executives to raise funds to help prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…