Tuesday, 5 May 2015
Last updated 2 min ago
Mar 12 2013 | 2:08pm ET
Hedge funds enjoyed net inflows of more than $4 billion to open 2013, according to BarclayHedge and TrimTabs Investment Research.
The industry took in $4.3 billion in new cash in January after shedding $20.7 billion in December. According to BarclayHedge founder Sol Waksman, that could mark a turnaround for hedge funds.
"Although assets have been flowing out of hedge funds and equity mutual funds, now that the fear of a major tail-risk event destabilizing Western economies has subsided, we're starting to see assets flowing back," Waksman said.
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…