Monday, 27 April 2015
Last updated 39 min ago
Aug 30 2012 | 3:43am ET
WisdomTree Investments' International Hedge Equity exchange-traded fund has been reborn and renamed.
Despite its new name, the WisdomTree Europe Hedged Equity Fund, which debuted at the close of business yesterday, actually seeks to cut its exposure to the euro and Europe's financial sector. Instead, the relaunched fund will focus on export-driven European companies, especially those that pay dividends.
"By providing exposure to European stocks while neutralizing the downside for U.S. investors that would be inflicted by a weakening euro, we believe HEDJ can present a precise and thoughtful alternative to un-hedged portfolios of European stocks," Luciano Siracusano, WisdomTree's chief investment strategist, 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…