Regulatory officials in the state of Connecticut are to form a task force charged with examining options for reform of the hedge fund industry following the collapse of the Bayou hedge fund last month.
A top executive of Man Group, one of the biggest hedge fund managers in the world, said on Wednesday that German rules requiring fund managers to reveal their trading positions had hurt investors' returns.
U.K. Aug. 31 (Bloomberg) -- Man Group Plc, the world's biggest hedge fund company, said German rules that require fund managers to reveal their trading positions hurt investors' returns.
The Malcolm Turnbull-backed hedge fund incubator Pengana Managers Ltd has lost one of its two top fund managers just three months after announcing a major restructure.
The Arizona attorney general's office said Tuesday that it had seized $101 million in a Wachovia account that it believes are funds from Bayou Management, a hedge fund firm based in Stamford, Connecticut, that is being investigated by state and U.S.
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