LONDON - An economist from one of the world's biggest hedge funds has been appointed to help set Bank of England interest rates, Britain's Treasury said on Tuesday.
LONDON - Singapore-based APS Asset Management said on Thursday that investors would be able to buy into its Greater China focused hedge fund or redeem their holdings from July 20, following a suspension.
LONDON - Hedge fund clients face a nervous wait to see if firms betting on the troubled Chinese and Greek markets can avert emergency measures that give them power to lock away investors' cash.
LONDON - Alternative money managers such as real estate funds, hedge and private equity funds added $600 billion in assets last year, a new survey released on Monday showed, as institutions poured in cash to diversify their portfolios.
LONDON - Singapore-based APS Asset Management has suspended investments into and redemptions from a hedge fund investing in Chinese stocks in a sign of the fallout on investors from four weeks of turmoil in mainland China's stock markets.
LONDON - Investors cut their bets on hedge funds at the fastest pace for six months in July, data showed on Tuesday, as the Greek debt crisis, concerns over Chinese economic growth and U.S. interest rate uncertainty made for volatile global markets.
LONDON - Shares in Man Group, the world's largest listed hedge fund company, broke a five-day losing streak to surge by around 10 percent on Thursday, making them the best performers on a benchmark European index.
LONDON - Horizon Capital Management has suspended a hedge fund running almost a third of its capital in Greek assets because it cannot fully assess the value of holdings amid the country's deepening debt woes, a letter to investors obtained by Reuters showed.
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