Aug 27 2013 | 8:49am ET
The Bank of America Merrill Lynch investable hedge fund composite index was down 0.57% for the month, as of August 21, bettering the S&P 500 which was down 3.6%.
Convertible arbitrage was the best performing strategy, adding 0.16% in the monitored period while equity long/short performed the worst, falling 0.93%.
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…