Wednesday, 1 April 2015
Last updated 7 hours ago
Nov 5 2013 | 8:07am ET
Hedge funds returned 1.44% in October, according to IndexIQ's industry replication index.
The IQ Hedge Composite Beta Index is now up 2.62% on the year and continues to badly trail the broader markets with just two months to go in 2013. The Standard & Poor's 500 Index is up more than 20% on the year.
IndexIQ's event-driven index added 3.11% last month (5.02% year-to-date). The long/short benchmark rose 1.58% (7.24% YTD), fixed-income arbitrage 1.31% (5.19% YTD), emerging markets 1.3% (down 3.39% YTD), global macro 0.93% (down 1.13% YTD) and market neutral 0.41% (2.91% 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…