Friday, 27 March 2015
Last updated 3 hours ago
Dec 12 2013 | 11:58am ET
Investors have closed out 2013 adding to their hedge fund investments, according to SS&C Technologies.
The SS&C GlobeOp Capital Movement Index rose 0.6% this month. "December closes the year on a positive note, with net capital inflows of almost two to one," SS&C CEO Bill Stone said.
The Index was positive in eight of 12 months this year, with investors redeeming more than they invested in only the first month of each quarter.
SS&C also said that hedge funds returned 1.47% last month, bringing their gross returns for 2013 to 11.54%. That makes the SS&C GlobeOp Hedge Fund Performance Index among the most positive indicators for the industry this year; most indices show hedge funds with average returns in the mid-to-high single digits.
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…