Saturday, 28 March 2015
Last updated 1 day ago
Feb 27 2008 | 8:04am ET
When it comes to the presidential race, hedge funds are doing what they do best: hedging. Last year, the industry clearly favored then-Democratic frontrunner Sen. Hillary Clinton (D-N.Y.) over Sen. Barack Obama (D-Ill.), giving the former $681,250 to the latter’s $552,374.
But in January, in the wake of Obama’s primary victories in Iowa and South Carolina, hedge fund money took a big turn, with $50,450 donated to Obama, and just $18,800 to Clinton.
Even Sen. John McCain (R-Ariz.), the presumptive Republican presidential nominee, bested her among hedge funds, raising $26,400 in January after accruing just $116,550 in hedge fund cash all of last year.
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…