Sunday, 29 March 2015
Last updated 2 days ago
Jun 19 2013 | 9:08am ET
Hedge funds inched up in May, posting a 0.6% return, according to RBC Capital Markets.
The RBC Hedge 250 Index is up 4.85% on the year.
Mergers and special-situations funds led the way in May with a 2.74% jump (10.79% year-to-date). Convertible arbitrage funds rose 2.14% (6.24% YTD), equity long/short funds 1.45% (5.96% YTD), multi-strategy funds 1.3% (7.24% YTD), credit funds 1.24% (6.25% YTD) and equity-market neutral funds 0.77% (1.12% YTD).
Managed futures funds tumbled 3.26% last month (up 0.77% YTD). Macro funds shed 0.44% (up 0.6% YTD) and fixed-income arbitrage funds dropped 0.09% (up 3.5% YTD).
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…