Wednesday, 1 April 2015
Last updated 15 sec ago
Oct 17 2012 | 8:37am ET
The Eurekahedge Hedge Fund Index was up 1.02% in September, its third consecutive month of growth, putting it up 4.23% year to date.
Asia ex-Japan managers posted the best returns for September, gaining 3.69%. European and North American hedge funds also posted healthy gains for the month with returns of 1.92% and 1.03%, respectively.
The Mizuho-Eurekahedge Index (asset-weighted), recorded a fourth month of gains in September, adding 1.00%. The best performers were Indian funds which added 4.38% on the month. The index was dragged down by tail risk and trend following funds.
Total assets under management increased by US$8.1 billion during the month, bringing the size of the industry to US$1.76 trillion. Hedge funds posted performance-based gains of US$5.1 billion as most strategies were profitable. The industry also witnessed net positive asset flows for the second consecutive month as investors allocated a further US$2.9 billion to the industry.
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…