Saturday, 18 April 2015
Last updated 10 sec ago
Feb 18 2014 | 9:56am ET
More than 50 new hedge funds have gotten their start in Asia this year, as managers vie for some of the billions in investor capital that is flowing into the space.
There have been some 20% more launches so far this year than at this point last year, according to Bank of America Merrill Lynch. And the new funds are bigger as investors aggressively add exposure to Asian funds.
Asian hedge funds saw a record inflow in the fourth quarter of $4.2 billion. All told, the industry ran $112.3 billion at the end of last year, which is also a record.
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…