Jul 2 2013 | 8:05am ET
Hedge funds were down 2.10% as of June 26, according to the Bank of America Merrill Lynch investable hedge fund composite index.
All strategies tracked by BofAML lost ground last month, with merger arbitrage funds turning in the best performance by losing only 0.38%. Equity long short funds performed the worst, falling 2.68%, followed by CTA advisors, down 2.08% month to date.
Feb 3 2014 | 9:27am ET
In recognition of his extraordinary dedication to philanthropy, Marathon Asset Management’s Bruce Richards will be presented with the Award for Caring during the 16th Annual New York Open Your Heart to the Children Benefit, which takes place on Thursday, March 6. The gala, the largest gathering that Hedge Funds Care/Help For Children holds worldwide, will bring together 1,000 hedge fund executives to raise funds to help prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…