Friday, 27 March 2015
Last updated 16 min ago
Nov 17 2011 | 7:44am ET
The RBC Hedge 250 Index added an estimated 1.29% in October 2011, putting its year-to-date return at minus 2.22%.
The gain marks a return to the black for the index which lost 2.04% in September.
The Royal Bank of Canada index is non-investable and based upon a universe of 4,219 hedge funds (excluding funds of hedge funds) with aggregate assets under management of $1.047 trillion.
The best performing strategies in October were convertible arbitrage, up 3.83%; mergers and special situations, up 3.65%; and equity long/short, up 3.26%.
Equity market neutral funds gained 1.93%, multi-strategy funds were up 1.44% and credit funds up 0.88%.
October’s only losers were managed futures, down 3.77%; fixed income arbitrage, down 0.98%; and macro, down 0.49%
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
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…