Nov 7 2011 | 4:31am ET
By David Smith, GAM Multi-Manager -- The fund of hedge fund industry has faced intense pressure in recent months as pension fund managers look to reduce portfolio costs. Bypassing these specialist managers in favor of directly investing in hedge funds can seem an appealing way to economize. However, the reality is often fraught with operational challenges and risks, leading many to the conclusion that the process is best left to the fund of hedge fund experts.
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…