Dec 11 2006 | 2:28pm ET
Englewood, Colorado-based Montague Financial’s P100 and P50 programs were up 0.8% and 8.96%, respectively in November, bringing their year-to-date returns to -28.16% and -5.24%.
Montague’s founder Pascal Guessas wrote in his monthly letter to investors that the P50 and P100 programs started the month “really well with a good rate of return the first couple of weeks.” However, both programs “got wiped out the last five days of trading,” which considerably reduced their returns.
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…