Wednesday, 1 April 2015
Last updated 1 hour ago
Jul 11 2012 | 1:34pm ET
The man dubbed the world's most successful hedge fund manager was anything but in the first half.
Ray Dalio's Bridgewater Associates, which has posted double-digit returns over the past two years, saw its flagship Pure Alpha fund lose 2.7% over the past six months. Weakness in the dollar and poorly-performing commodity investments hurt the $120 billion firm during the first half, the New York Post reports.
Pure Alpha has returned $35.8 billion for investors since its debut 37 years ago, including $13.8 billion last year, according to LCH Investments.
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…