Thursday, 26 March 2015
Last updated 4 min ago
Mar 18 2013 | 2:06pm ET
Hedge funds are apparently not as sanguine about the U.S. economic recovery as some.
The industry is more bullish on 10-year U.S. Treasuries now than at any time since 2007. Leveraged holdings of Treasury futures jumped to $56.2 billion in the week ended March 5, the Commodity Futures Trading Commission said, a sharp turnaround from just eight months ago, when hedge funds as a whole were bearish on Treasuries.
The bet on 10-year notes does not appear to be a bet that the U.S. economy is about to hit the skids. Rather, hedge funds are betting that the Federal Reserve will continue its bond-buying program, making Treasuries a good bet in and of themselves.
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…