Tag Archives: funds of hedge funds
Asian Macro Hedge Fund Launch
West Palm Beach (HedgeCo.net) -A new Asia Macro hedge fund has been launched by Dexion Capital and Morgan Stanley veterans Andrew Gale and Lee Ka Sha. With a minimum investment is $100,000, the fund will invest in Asian interest rates […]
Hedge funds suffer losses but beat markets
Reuters UK – Hedge funds suffered their worst full-year loss ever in 2008 but their decline was still less steep than the 38 percent drop for the average stock mutual fund, data released on Thursday showed. The average hedge fund […]
Huge cash outflows hit hedge funds
The Australian – After suffering one of the worst years on record, Australia’s $62 billion hedge fund industry is bracing for even tougher times in 2009 as a confluence of factors works against them, including poor performance, more regulation, further […]
Credit Suisse clients may have lost 627 mln pounds ($195.18 mln) on Madoff
Reuters UK – Credit Suisse clients may have lost up to 1 billion Swiss francs (627.3 million pounds) ($195.18 mln) on investments connected to accused swindler Bernard Madoff, newspaper Sonntag reported on Sunday. Without giving details of its sources, Sonntag […]
UK hedge fund GAM tightens redemption controls
Reuters – British fund manager GAM on Wednesday said it had moved to restrict investor redemptions to once a quarter rather than once a month in its funds of hedge funds amid turmoil in the industry. A spokeswoman for GAM, […]
