Monday, 27 April 2015
Last updated 1 hour ago
Jul 12 2012 | 10:22am ET
For more than a year, Polar Capital has been rebuilding its asset base. But investors still stubbornly refused to return to its hedge funds.
Until now: The London-based money manager saw its first net inflow into its hedge funds in recent memory, taking in US$8 million. That contributed to an inflow of US$374 million to all of its funds in the second quarter.
Polar's assets now stand at $5.081 billion, slightly less than it managed three months ago due to performance losses.
"We consider that the group is well-positioned to grow further over the coming months, assuming market conditions do not deteriorate further," Polar said.
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…