Monday, 27 April 2015
Last updated 50 min ago
Jun 16 2009 | 2:08am ET
Trading Down Under didn’t turn Australian hedge fund returns upside down.
Antipodean hedge funds did narrowly trail their global peers in May, according to the Australian Fund Monitors Index, which rose 3.2% last month, based on preliminary returns. Most global hedge fund indices posted gains closer to or exceeding 5%.
May’s returns, coupled with a 2.6% rise in April, have Aussie hedge funds up 6.6% year-to-date.
Commodity trading advisors did the best of all Australian hedge funds, no surprise given the commodities rally last month. CTAs jumped 9.8%, according to AFM, followed by long-only funds, which rose 4.7%. Equity 130/30 funds did the worst, dropping 0.7%.
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…