Tuesday, 31 March 2015
Last updated 6 hours ago
Oct 3 2013 | 9:02am ET
Hedge funds made gains in September, according to a suite of industry replication indexes.
IndexIQ's IQ Hedge Composite Beta Index was up 1.99% in September, putting it up 1.17% year to date.
All strategies tracked by the indexes posted gains last month, led by event-driven funds, which added 3.04% (1.85% YTD). Emerging markets strategies were up 2.40% on the month (but down 4.63% YTD). Market neutral strategies were up 2.29% on the month (2.49% YTD), long/short strategies were up 2.26% (5.57% YTD) and fixed-income arbitrage strategies were up 1.71% (3.83% YTD).
The IQ Hedge Global Macro Beta Index posted the lowest monthly gains, adding 0.24%, and is down 2.04% 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…