Friday, 27 March 2015
Last updated 1 hour ago
May 30 2012 | 12:13pm ET
Emerging markets hedge funds are off and running in 2012, gaining 7.3% in the first quarter, says Hedge Fund Research.
The gains represent emerging market funds’ best start to a calendar year since 2006, according to the latest HFR Emerging Markets Industry Report.
Total capital invested in emerging markets hedge funds hit a record $127.3 billion as of the end of Q1 2012, up by nearly $10 billion since the end of 2011. The previous AUM record—$123 billion—was set in Q2 2011.
The increase in capital was driven by performance-based gains, as net new capital flows from investors remained muted, with funds experiencing inflows totaling $3.1 billion, while those experiencing outflows totaled $3.4 billion, resulting in a modest net outflow of $365 million in the first quarter.
New capital flows were concentrated in emerging Asia and Russia/Eastern Europe, which received $500 million in net new capital combined.
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…