Jul 2 2013 | 8:05am ET
Hedge funds were down 2.10% as of June 26, according to the Bank of America Merrill Lynch investable hedge fund composite index.
All strategies tracked by BofAML lost ground last month, with merger arbitrage funds turning in the best performance by losing only 0.38%. Equity long short funds performed the worst, falling 2.68%, followed by CTA advisors, down 2.08% month to date.
Mar 17 2014 | 9:30am ET
“Transparency” has become a touchstone for investors in the post-Madoff world but, according to Carl Lingenfelter, chief administration officer at Northern Trust Hedge Fund Services, it's a concept that has evolved over the past five years from fraud protection to risk management to investment performance. Read more…
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…