Tuesday, 5 May 2015
Last updated 11 hours ago
Nov 7 2012 | 8:04am ET
Hedge funds slipped 0.56%, on average, in October, according to the Greenwich Global Hedge Fund Index.
Results were mixed for the month, with half of the eight strategies tracked by the index posting losses, and half gains.
Arbitrage strategies were the best performers of the month, adding 0.51% (7.70% year to date), while futures posted their third straight monthly loss, down 3.37% in October (and down 3.44% YTD).
The other winners were event-driven strategies, up 0.30% for the month (7.08% YTD); long/short equity, up 0.11% for the month (5.59% YTD) and long/short credit, up 0.09% for the month (8.95% YTD).
Also in the red for the month were macro funds, down 1.01% (but up 1.87% YTD); multi-strategy funds, down 0.65% (up 4.18% YTD); and equity market neutral funds, down 0.42% (up 1.53% YTD).
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…