Jan 4 2007 | 11:24am ET
If your hedge fund manager offered you a 10% return for 2007 right now, would you take it? If Citigroup Alternative Investments is right, it might not be such a bad bet.
In a note, the group predicts that hedge funds will average 10% returns after fees, Reuters reports, better than most indices did last year, but trailing the Standard & Poor’s 500’s 13.6% return.
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…