Thursday, 2 April 2015
Last updated 16 min ago
Mar 6 2008 | 10:00am ET
After a terrible start to the new year, four of the six hedge fund strategies covered by Dow Jones Hedge Fund Indexes posted positive returns for the month of February.
Merger arbitrage, which so far remains the only strategy with positive gains for the year, and equity long/short were the leaders for the month with net-of-fees gains of 1.95% and 1.49%, respectively.
Event driven and equity market neutral posted returns of 0.86% and 0.63%, respectively, and convertible arbitrage posted a loss of -0.02% and is down 0.24% for the year.
Lastly, distressed securities continued to decline for the year, losing -0.51% in February and bringing their year-to-date performance to -4.01%. But equity long/short continues to hold the distinction of the worst strategy to date losing 4.67% in the first two months.
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…