Tuesday, 31 March 2015
Last updated 16 min ago
Jun 13 2013 | 10:05am ET
Hedge funds are taking in new money this month after posting performance gains in the last one.
The SS&C GlobeOp Capital Movement Index rose 1.17% this month. The index measures net subscriptions and redemptions of hedge funds on the GlobeOp administration platform.
"Net inflows increased for the month of June, with subscriptions outpacing redemptions two-to-one," SS&C Technologies CEO Bill Stone said.
The movement into hedge funds follows a 0.77% average return in May, according to the SS&C GlobeOp Hedge Fund Performance Index. That benchmark is up 7.14% on the year.
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…