Tuesday, 28 April 2015
Last updated 16 hours ago
Oct 17 2011 | 12:03pm ET
The Dow Jones Credit Suisse Hedge Fund Index fell for a second straight month, finishing down 3.2% in September versus a monthly loss of 9.88% for the Dow Jones Global Index. This decline makes it the largest drop in a single month in more than a year.
Despite the dismal month, Oliver Schupp, president of Credit Suisse Index Co., said, "hedge funds appear to have performed in line with investor expectations and to have provided a level of capital preservation during an increasingly difficult market period.” He added that this has resulted an estimated $25 billion in inflows to hedge funds year-to-date.
*Source: Dow Jones Credit Suisse
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…