Sunday, 29 March 2015
Last updated 1 day ago
Feb 8 2012 | 1:37pm ET
Stocks had their best January in almost 20 years last month. Hedge funds cannot say the same.
The average hedge fund rose 0.2% last month, the Bloomberg Aggregate Hedge Fund Index shows. The benchmark was down 4.9% last year.
The Bloomberg measure is somewhat pessimistic; most industry indices show average January returns of about 1.5%. The Standard & Poor's 500 Index rose more than 4% on the month.
Long/short equity funds rose 1.6% in January. Macro funds added 1.1% and multi-strategy funds 0.9%.
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…