Saturday, 28 March 2015
Last updated 20 hours ago
Mar 25 2013 | 12:26pm ET
Investors began 2013 with their first net investments in hedge funds last summer.
Net inflows into single-manager hedge funds reporting to Morningstar's database were $3.3 billion in January, the research firm said. The new cash broke a four-month streak of outflows to close out 2012.
Over the 12 months to January, however, hedge funds were nursing a net $1.1 billion outflow.
Multi-strategy hedge funds enjoyed the largest net inflow in January, taking in $1.8 billion. Global macro funds added $873 million. On the other side, long-only funds suffered a $738 million net outflow and global long/short equity funds $142 million.
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…