Friday, 22 May 2015
Last updated 2 hours ago
Oct 11 2012 | 1:45pm ET
As a year of mediocre hedge fund performance draws to a close, investors have begun to quit the asset class.
Investors redeemed a net 0.67% of total hedge fund assets, according to the SS&C GlobeOp Capital Movement Index. The net withdrawal was only the third month this year that investors have pulled more money from hedge funds then they put in.
This month is also the first October in three to see net outflows.
"Inflows have remained steady, while outflows have spiked in line with quarter-end rebalancing," SS&C Technologies CEO Bill Stone 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…