Friday, 27 March 2015
Last updated 37 min ago
Jun 19 2012 | 1:53pm ET
ABN Amro Private Banking is increasing its hedge fund allocations.
The bank’s Geneva-based chief investment officer, Didier Duret, told Bloomberg News that hedge funds are in “a stronger position to extract value and preserve capital than constrained long-only investments in bonds and equities.
“Global-macro hedge funds can better preserve capital and make money when financial markets ignore fundamentals and are more driven by macroeconomic and policy risks.”
The bank, which this week raised its allocation to hedge funds from neutral to overweight, manages $207 billion for its clients.
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…