Mar 17 2006 | 12:00am ET
The Standard & Poor’s Hedge Fund Index is up 3.16% year-to-date, led by a strong showing in its arbitrage index, which has gained 3.56% in the same period. Of the three underlying strategies in the arbitrage index, convertible arbitrage has been the strongest performer. But despite these gains, industry experts doubt that convertible arbitrage is a sustainable strategy.
Feb 3 2014 | 9:27am ET
In recognition of his extraordinary dedication to philanthropy, Marathon Asset Management’s Bruce Richards will be presented with the Award for Caring during the 16th Annual New York Open Your Heart to the Children Benefit, which takes place on Thursday, March 6. The gala, the largest gathering that Hedge Funds Care/Help For Children holds worldwide, will bring together 1,000 hedge fund executives to raise funds to help prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…