Friday, 27 March 2015
Last updated 2 hours ago
Apr 16 2014 | 2:55pm ET
The European hedge fund industry has more than fully recovered from the financial crisis, at least in terms of assets under management.
Strong inflows and investor interest in the continent pushed European hedge fund assets up to $476.2 billion at the end of last month, surpassing the previous record of $473 billion set in October 2007, just as the global economic crisis began to snowball.
European hedge funds haven’t exactly rewarded that confidence just yet, returning 1.7% so far this year, according to Eurekahedge. North American hedge funds have been the best performers, rising 2.3%.
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…