Sunday, 3 May 2015
Last updated 2 days ago
May 8 2009 | 10:31am ET
Hedge funds posted positive performances in April as the rally in the equity markets helped buoyed the industry for the second straight month.
The HFRI Equity Hedge Index posted a 6.42% gain for the month, bringing its year-to-date gains to 6.12%. The Event Driven Index was up gaining 3.79% (4.19% YTD) and the Relative Value Index was also in positive territory, up 3.09% (7.19% YTD).
Other indices that didn’t fare as well last month include the Macro Index (-0.44%, -1.35% YTD) and the Short Bias Index (-7.5%, -5.46% YTD).
The HFRI Fund of Funds Composite Index gained 0.66% last month and is up 1.13% YTD. Emerging Markets also performed well gaining 7.95% in April and 9.14% for the year.
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…