Tuesday, 31 March 2015
Last updated 6 hours ago
Feb 7 2012 | 12:35pm ET
Hedge funds got off to a moderately good start to 2012, with the average fund rising 2.26% in January, one industry index shows.
The Dow Jones Credit Suisse Core Hedge Fund Index did trail the broader markets, with the Standard & Poor's 500 Index rising more than 4% on the month.
All seven of the strategies tracked by the Dow Jones Credit Suisse indices rose in January, led by convertible arbitrage, up 3.47%. Long/short equity fund returned an average of 3.21% on the month, event-driven funds 2.9% and global macro funds 1.96%.
Emerging markets funds rose 1.8%, managed futures funds 0.95% and fixed-income arbitrage funds 0.93% on the month.
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…