Dec 29 2008 | 12:01am ET
Hedge fund firm Pharos Financial Group has had a rough go at it this year. The firm’s Russia Fund, Gas Investment Fund and Small Cap Fund are down 36.2%, 35.1% and 51.8%, respectively, through November.
The good new is that compared to one index, the funds aren’t doing too badly. The MSCI Russia Index is down 72.4% over the same period.
Mar 17 2014 | 9:30am ET
“Transparency” has become a touchstone for investors in the post-Madoff world but, according to Carl Lingenfelter, chief administration officer at Northern Trust Hedge Fund Services, it's a concept that has evolved over the past five years from fraud protection to risk management to investment performance. Read more…
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…