Gottex sues Stewardship for witholding redemptions
Gottex, a $15.7bn fund of hedge funds manager, has filed a lawsuit against Stewardship for preventing them from redeeming.
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Gottex, a $15.7bn fund of hedge funds manager, has filed a lawsuit against Stewardship for preventing them from redeeming.
The Canada Pension Plan Investment Board has so far allocated $1.5bn to absolute return strategies and plans for more allocations to funds of hedge funds (FoHF) and other strategies for fiscal 2009.
Nearly half of all US institutions now invest in hedge funds, according to research report released by Greenwich Associates.
Hedge funds fear Congress will take action to curb speculative trading strategies after the Presidential election in November, says MFA's Baker.
Three quarters of global hedge funds have identified technology as making up their biggest expense over the next two years, according to a poll by Ernst & Young.
TODAY: Absolute Capital Management just can't buy a break, Merrill's writedowns are worse than expected and both London and New York just aren't 'twee' enough for hedge fund managers….
NEWSPAPERS AND WIRES: The Daily Telegraph reports on the latest research by Hedge Fund Intelligence whcih reckons that assets under management by the world's global hedge funds totalled $2.48 trillion (£1.24 trillion) in July...
Three Rivers, a Pittsburgh-based fund of hedge funds manager, has allocated to two long/short hedge funds.
NEWSPAPERS AND WIRES: Reuters reports that the Securities and ExchangeCommission (SEC) said yesterday it has charged a San Francisco hedgefund manager with "dramatically overstating" the fund's profitability,and using it for personal expenses such a...
Sandelman has informed investors in its largest fund that redemptions will not be on the cards in the near future.
29/02/2012
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29/02/2012
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02/02/2011
HFMWeek's European Hedge Fund Services Awards are designed to recognise companies that have outperformed...