Wednesday, 1 April 2015
Last updated 7 hours ago
Jan 2 2013 | 3:47pm ET
Quantitative easing made it easier indeed for many British hedge funds to post big gains last year.
Bets that government-backed liquidity programs would boost markets paid off in a big way for the likes of CQS and Odey Asset Management. The former rose 32% through November and the latter 26.6%, The Telegraph reports.
"The masters of equity and credit trading strategies have done their homework in 2012 and reaped benefits turbocharged by an ocean of government-sponsored liquidity," Newscape Capital Group's Philippe Bonnefoy told the newspaper.
Another hedge fund expert added, "While economic fundamentals have been poor during 2012, with sluggish or negative growth and depressed confidence, the use of QE has pumped tons of money into the system which has to go somewhere, so it usually winds up in equities or bonds."
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…