Tuesday, 30 September 2014
Last updated 26 min ago
Aug 26 2013 | 10:23am ET
Hedge funds took a bullish turn on gold last week, raising their long bets on the precious metal by the most in six months.
Net-long positions increased by 29% in the week ended Aug. 20, the Commodity Futures Trading Commission said. At the same time, short bets fell to their lowest level since February.
All told, net-long bets across 18 commodities increased 34%, the largest jump in more than three years. Bullish bets on copper more than doubled, as did those on a basket of 11 agricultural products. Net-long holdings of crude oil contracts, however, fell for the fourth week in a row.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…