Oct 13 2011 | 12:51pm ET
By Tony Kristic, PerTrac -- There is an old, rather pessimistic adage around stock exchanges that goes, “Sell in May and go away.” This proverb forewarns investors to get out of the markets before summer begins. Why? Because equity performance will suffer in the next few months; because the next few months will be filled with vacation goers whose investing segment will empty their portfolios of stocks in order to achieve a more carefree summertime experience.
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…