Oct 10 2013 | 9:01am ET
After 25 years, FX Concepts is getting out of the hedge fund business, as poor performance and investor redemptions proved too much for the one-time currency giant to survive.
New York-based FX said yesterday that it would close its investment management business and liquidate all of its hedge funds. The firm expects the process to be completed by the end of next month.
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…