Wednesday, 1 April 2015
Last updated 8 hours ago
Oct 11 2012 | 12:09pm ET
Polar Capital has watched its assets under management rise more-or-less steadily over the past year. But for the first time in that period, inflows to its hedge funds are contributing meaningfully to the growth.
The London-based firm saw hedge fund inflows for the second-straight quarter, helping its assets under management grow by 4.3% to US$5.3 billion. Inflows into both hedge and long-only funds were US$31 million in the third quarter.
"Positive net inflows into the group's hedge fund products, which started in the previous quarter, continued to gain momentum in this quarter," Polar said. "Importantly, these flow patterns further enhance the continued diversification of the group's offerings, as well as reducing the firm's legacy concentration risk."
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…