Friday, 17 April 2015
Last updated 10 hours ago
Nov 9 2009 | 10:40am ET
For a hedge fund index provider, Dow Jones Hedge Fund Indexes is providing precious few hedge fund indices these days.
The firm suspended publication of its equity-market neutral index on Friday, the sixth time it has suspended and index since the beginning of the financial crisis. Dow Jones is now publishing just three of its six hedge fund indices, equity long/short, event-driven and merger arbitrage.
Dow Jones blamed “market conditions in the equity market neutral space” for the decision. It is the second time in just a year that the firm has suspended the equity-market neutral benchmark; after being put on the shelf in December, the index returned in March.
In addition to the equity-market neutral index, the convertible arbitrage and distressed securities benchmarks are also currently suspended.
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…