Monday, 27 April 2015
Last updated 2 days ago
Jun 6 2013 | 11:27am ET
Hedge funds stumbled in May, according to an industry replication index.
The IQ Hedge Composite Beta Index fell 1.06% last month, IndexIQ said, cutting its year-to-date gains to 0.11%. What's more, all seven of the firm's strategy indices also lost ground on the month.
Emerging markets dropped 1.97% (down 3.55% YTD), market-neutral 1.38% (up 0.18% YTD), event-driven 1.04% (up 0.18% YTD), global macro 1.04% (down 2.27% YTD), fixed-income arbitrage 0.7% (up 3.05% YTD) and long/short 0.28% (up 3.08% YTD).
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…