Friday, 27 March 2015
Last updated 1 hour ago
Jan 28 2013 | 1:05pm ET
Hedge funds and other speculators are bullish on commodities as prices keep rising and as the Standard & Poor's 500 Index topped the 1,500 level for the first time since the financial crisis.
Such investors boosted their positions in 18 U.S. futures and options by 11% in the week ended Jan. 22. It is the largest increase in net-long bets in six months, the Commodity Futures Trading Commission said, and comes at the end of seven straight weeks of gains for U.S. commodity prices.
Net-long positions in cotton hit a nearly two-year high that week and those on crude oil reached a four-month high. Bullish bets on soybeans jumped by more than they had in the previous 10 months, and those on gold by the most since Nov. 27.
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…