July 30, 2010
Swedish buffer fund AP7 has restructured its hedge fund portfolio and chosen Goldman Sachs and UBS to manage two European equity mandates based entirely on market outperformance.
A weighty Goldman Sachs hedge fund stumbles
The $10 billion flagship hedge fund at Goldman Sachs Group dropped 11.6 percent this year through the end of November as its managers misjudged the direction of global stock and currency markets, according to two investors.
Rite Aid stock rallies on news of hedge-fund stake
NEW YORK (MarketWatch) -- Rite Aid Corp. saw its stock trade sharply higher Monday after hedge-fund giant Tudor Investment Corp. disclosed it had built a sizable stake in the U.S.'s No. 3 drugstore chain.
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