Sunday, 19 April 2015
Last updated 9 hours ago
Dec 7 2011 | 10:16am ET
Hedge funds fell twice as much as the Standard & Poor's 500 Index in November, the Bloomberg Aggregate Hedge Fund Index shows.
The benchmark lost 1% last month, compared to 0.5% for the broad-market index. But it did better than global stocks burned by the European sovereign debt crisis.
The Bloomberg index is now down 3.8% on the year.
Long/short equity funds were particularly hard hit, falling 2.1% on the month (down 3.8% year-to-date). Macro funds shed 1.5% (down 4.8% YTD) and multi-strategy funds 1% (down 1.8% YTD).
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…