Reuters - Some of the world’s biggest hedge funds suffered a dramatic drop in assets in the first half of 2008 as financial markets tumbled and many investors asked for their money back, according to a survey released on Monday.
Renaissance Technologies, which runs one of the world’s most successful hedge funds that also charges some […]

Reuters India - Goldman Sachs said it has regulatory approval to launch mutual funds in India, Asia’s third-largest economy, joining the likes of AIG, JPMorgan and South Korea’s Mirae Asset who have started operations in the past 18 months.
Adam Broder will be the chief executive of Goldman Sachs Asset Management Company (India) and Prashant Khemka […]

New York, July 8, 2008 — The Absolute Return New Funds Survey, published in the July/August issue of Absolute Return magazine, shows that new hedge fund launches this year in the Americas totaled $19.5 billion, with the top five funds amassing $13.7 billion, for more than 70% of the total. The number of fund launches […]