Tuesday, 31 March 2015
Last updated 1 hour ago
Oct 18 2013 | 10:44am ET
Hedge fund are on a record-breaking roll, when it comes to total industry assets.
For the fifth-straight quarter, the figure hit an all-time high, Hedge Fund Research reports. Globally, hedge funds now manage $2.51 trillion, with the industry growing by nearly $100 billion in the third quarter.
Most of that growth was due to performance gains. But $23 billion came from net inflows.
Fixed-income relative-value arbitrage funds have been the biggest beneficiaries of those this year, taking in $20.5 billion.
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…