(Opalesque) In the week ending November 23rd 2018, a number of hedge funds have closed their doors. Macquarie Group has shut Asia’s oldest quantitative equity hedge fund after a poor performance in recent years. PCA Investments Holding Co, Ltd, a joint venture between the China Investment Corporation (CIC) and PCA Partners, was a multi-strategy hedge fund that has also closed down. In another major development, JPM Asset Management has liquidated the capital structure-focused mixed-asset fund overseen by Natalia Bucci and Paul Levene.
More hedge funds faced closure in the week:
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