Tuesday, 21 April 2015
Last updated 11 hours ago
Mar 5 2014 | 11:59am ET
Hedge funds regained their footing in February, posting a gain after January’s loss, according to an industry replication index.
The Credit Suisse Liquid Alternative Beta Index rose 1.49% last month. The benchmark lost 0.94% in January and is up 0.54% through the year’s first two months.
The Standard & Poor’s 500 Index rose more than 4% last month, ending February in record territory.
Event-driven did best in January, up 2.29% (2.47% year-to-date). Long/short followed at 1.46% (down 0.33% YTD), with merger arbitrage up 1.34% (0.41% YTD) and global strategies up 1.18% (down 0.01% YTD).
Only managed futures posted a loss last month, falling 0.4% (down 3.83% YTD).
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…