Wednesday, 6 May 2015
Last updated 5 hours ago
Jan 10 2007 | 10:28am ET
Last year was the best for hedge funds since 2003, according to early estimates for HedgeFund.net’s indices.
The HFN Hedge Fund Aggregate Average rose 1.36% in December to finish the year up nearly 12%. Though trailing the Standard & Poor’s 500 Index, which rose 13.62% last year, hedge funds have not returned so much on average since 2003, when they rose more than 21%.
Emerging markets were the best performing strategies in 2006, according to HFN, with a 21.72% return on the year after rising 2.84% in December.
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…