Sunday, 29 March 2015
Last updated 2 days ago
Sep 11 2012 | 8:51am ET
Hedge funds added 0.47% in August, putting them up 3% year to date according to the Eurekahedge Hedge Fund Index.
All strategies tracked by Eurekahedge were in the black in August with the exception of CTA/managed futures funds, which lost 0.63% (although they’re up 1.33% YTD).
The best performers were event-driven funds, up 1.65% in August (4.36% YTD); relative value funds, up 1.14% on the month (7.34% YTD) and distressed debt funds, up 1.07% in August (4.73% YTD).
Broken down by region, the best performers in August were Latin American funds, up 1.09% (7.08% YTD); followed by North American funds, up 1.02% (4.59% YTD). The biggest August losers were Japan hedge funds, down 0.73% (down 0.64% YTD).
Relative value funds have attracted significant assets in 2012; Eurekahedge puts their current assets under management at US$60 billion. CTA/managed futures funds, on the other hand, recorded their sixth consecutive month of outflows, losing US$16 billion since February 2012.
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…