Sep 26 2011 | 1:52pm ET
Small hedge funds outperform their larger peers, while young funds outperform their seniors according to the latest data from industry analytics provider PerTrac.
According to the firm's latest report—Impact of Fund Size and Age on Hedge Fund Performance—funds with under $100 million AUM returned 13.04% in 2010, while mid-sized funds ($100 million to $500 million) returned 11.14% and large funds (over $500 million) returned 10.99%.
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…