Sunday, 29 March 2015
Last updated 2 days ago
Aug 4 2006 | 12:00am ET
Some may have grumbled loudly,but hedge funds registered with the Securities and Exchange Commission in droves before an appeals court tossed out the rule requiring them to.
According to a survey by the Investment Adviser Association and National Regulatory Services, hedge fund registrants pushed the number of advisers registered with the regulatory agency up 19.5% this year, compared to about 7% in prior years. Of the 1,600 newly-registered advisers, at least half managed one or more hedge funds.
The survey reports that, as of April 7, more than 2,400 hedge fund advisers had registered with the SEC. How many stay registered, should the latest decision by the courts not be reversed, remains to be seen.
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…