Feb 19 2014 | 1:53pm ET
Hedge funds badly underperformed the broader markets last year, but that's OK with investors, according to a new survey.
In fact, investors plan to reward the hedge fund industry with record asset levels, even though they don't expect hedge funds to do any better this year than last, Deutsche Bank's annual alternative investments survey shows. "The hedge fund industry is predicted to reach a record $3 trillion by 2014 year-end, driven by significant inflows, most notably from institutional investors," Deutsche Bank prime brokerage co-head Barry Bausano said.
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…