Monday, 27 April 2015
Last updated 6 hours ago
Jul 2 2013 | 11:13am ET
SAC Capital Advisors has a mountain of problems, but performance isn’t one.
In a June that saw a number of prominent hedge funds lose ground, SAC continued to post relatively strong returns. The firm’s flagship strategy gained 1.5% last month, Reuters reports. That bested most hedge funds, which were down 2.10% as of June 26, according to the Bank of America Merrill Lynch investable hedge fund composite index.
The S&P 500 was down 1.69% over the same period.
SAC is up 8.25% on the year.
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…