Wednesday, 6 May 2015
Last updated 13 hours ago
Jun 10 2008 | 2:00am ET
Hedge fund assets have soared to more than $2.9 trillion despite disappointing returns, although investors are showing slightly less enthusiasm for the asset class.
Hedge fund assets under administration have jumped 20% over the past year, according to a survey of administrators by Hedge Fund Manager Week. But the $230 billion in new assets accrued in the six months to April represents a growth rate of 9%.
That rate was 17% in the magazine’s last survey.
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…