Wednesday, 1 April 2015
Last updated 2 hours ago
Nov 14 2012 | 10:58am ET
The hedge fund industry has seen volatile flows over the past two years—with the exception of the very best funds out there.
The top-performing decile of hedge funds have helped themselves to twice their share of positive hedge fund flows since the beginning of last year. The group took in more than $10 billion of the $49.1 billion that investors have added to hedge funds between January of last year and September of this year, according to BarclayHedge and TrimTabs Investment Research.
"The top hedge funds accounted for 21.4% of the hedge fund industry's flows," TrimTabs CEO Charles Biderman said.
Equally unsurprising, the bottom decile of hedge funds in terms of performance bled assets over the same period, losing $6.4 billion to withdrawals.
During those 21 months, the top 10% of hedge funds enjoyed a median return of 27.8%. The bottom 10% suffered a median decline of 25.6%.
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…