Wednesday, 1 April 2015
Last updated 45 min ago
Jul 16 2008 | 10:23am ET
Hedge funds declined by 1.33% in June and are now down by 2.09% year to date, according to the Barclay Hedge Fund Index.
Twelve of Barclay's 18 strategy indices lost ground in June, highlighted by the Emerging Markets Index’s drop of 4.15%. Equity long-bias and Pacific Rim equities were also down 3.39% and 2.98%, respectively.
Year-to-date, emerging markets and Pacific Rim equities were also the worst performing strategies, dropping 9.39% and 5.86%, respectively. The Barclay Fund of Funds Index dropped 0.69% in June and is down by 2.51 on the year.
But it wasn’t all bad news for hedge fund traders: The Barclay Equity Short Bias Index gained 11.83% last month and is up 18.76% year-to-date. The Barclay Equity Market Neutral Index and the Healthcare & Biotechnology Index also rose 2.86% and 1.91%, respectively.
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…