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	<title>Hedge Fund News From HedgeCo.Net &#187; drubbing</title>
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		<title>Pound extends losses vs dollar after Europe election</title>
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		<pubDate>Mon, 08 Jun 2009 00:00:00 +0000</pubDate>
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		<description><![CDATA[guardian.co.uk &#8211; Sterling fell against the dollar to near a two-week low on Monday after a collapse of support for the UK&#8217;s ruling Labour Party in the European election raised the chances of further challenges to Prime Minister Gordon Brown. Despite its losses against the dollar, the pound rose against the euro, as the single [...]]]></description>
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		<title>Asia&#8217;s bull run ends in 2008 with record falls</title>
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		<pubDate>Wed, 31 Dec 2008 00:00:00 +0000</pubDate>
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		<description><![CDATA[Miami Herald &#8211; Nearly two-thirds said they had lost 70 percent of their investments or more, according to the survey by the Shanghai Securities News, a newspaper affiliated with the stock exchange. Many Asian hedge funds, meanwhile, took a drubbing and closed shop by the dozens, with their traditionally long bets on the markets&#8217; moves [...]]]></description>
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