Wednesday, 1 April 2015
Last updated 56 min ago
Jun 7 2012 | 12:32pm ET
May was a tough month for hedge funds in a year that has been particularly hard on commodities funds. But one prominent player had a very merry month of May, indeed.
Clive Capital jumped 8% on the month. And the US$3 billion fund needed too: It was down almost 5% through the first four months of the year.
Instead, the London-based firm is now up about 3.5% on the year.
Most of Clive's May gains came in the first three weeks of the month, as the hedge fund booked a 7% return as oil prices fell through the floor. Clive also shorted European coal, natural gas and energy futures.
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…