Tuesday, 28 April 2015
Last updated 1 hour ago
Feb 28 2013 | 10:57am ET
State Street Global Advisors has shuttered a Japan-focused fund of hedge funds.
The firm's SSARIS unit pulled the plug on the Multi-Manager Japan Equity Fund due to its low level of assets, thought to have been around US$10 million, Asian Investor reports. The fund's performance wasn't much to speak of, either: It lost 3.16% in the first six months of last year, leaving it down 1.83% since its inception eight years ago.
The fund was managed by SSARIS CEO Mark Rosenberg and Jim Tomeo, the unit's chief operating officer.
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…