Hedge funds post record US$350b loss in 2008
Business Times Malaysia – Hedge funds posted their biggest decline on record last year, losing US$350 billion globally, as the credit crisis crippled returns and forced investors to pull money out, an...
View ArticleBiggest Listed Hedge Fund to Sue over Madoff Exposure
CNBC – Shares in Man Group, the world’s biggest listed hedge fund firm, slid on Wednesday after it said funds under management fell 21 percent and that it would sue over its exposure to the Madoff...
View ArticlePolar Capital managed assets fall 22 percent
International Herald Tribune – Fund manager Polar Capital Holdings said on Friday that assets under management in the nine months to December fell by 22 percent to $2.45 billion (1.65 billion pounds),...
View ArticleWorries over hedge funds send LSE to four-year low
Times Online – Shares in the London Stock Exchange dropped nearly 10 per cent or 50½p to a four-year low of 463½p amid fears that its trading update tomorrow will show another dramatic slump in the...
View ArticleWorld’s Largest Listed Hedge Fund’s Assets Fall
CNBC – Man Group , the world’s largest listed hedge fund firm, said funds under management are $47.7 billion, down 11 percent from end-December, as clients pulled out assets in the face of falling...
View ArticleAnother Madoff linked hedge fund sued
NineMSN – The trustee overseeing the liquidation of disgraced financier Bernard Madoff’s assets sued another investment fund on Tuesday, claiming it owes Madoff’s victims more than $US1 billion ($A1.32...
View ArticleTrustee pursues Cayman Islands hedge fund
Caribbean Net News – Cayman Islands hedge fund Harley International Ltd withdrew $425 million from swindler Bernard Madoff in the three months before his arrest, according to a lawsuit seeking more...
View ArticlePound extends losses vs dollar after Europe election
guardian.co.uk – Sterling fell against the dollar to near a two-week low on Monday after a collapse of support for the UK’s ruling Labour Party in the European election raised the chances of further...
View ArticleHedge fund returns are up, redemptions down
Reuters India – Hedge funds are living up to their high-flying reputation again with strong returns in the last three months, but many investors burned by last year’s losses are clamoring for reforms...
View ArticleHedge fund returns up
Stuff – Hedge funds are living up to their high-flying reputation again with strong returns in the last three months, but many investors burned by last year’s losses are clamoring for reforms before...
View ArticleMan Group funds under management decline in 1H
Forbes – Man Group PLC, the world’s largest publicly traded hedge fund, said Thursday that funds under management declined in the first half despite a recent growth in private investor sales. The group...
View ArticleMan Group Advances as Pace of Redemptions by Investors Declines
Bloomberg – Man Group Plc, the largest publicly traded hedge-fund manager, rose as much as 4.5 percent in London trading after redemptions by institutional investors slowed. Pension plans, endowments...
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