A New York-based activist hedge fund manager with $2bn (€1.2bn) in assets under management became the latest to freeze redemptions as companies act to reduce the impact of market volatility on their assets.
Fitch Ratings has begun rating fund of hedge fund (FoHF) managers.
Insightful Corporation (NASDAQ:IFUL), a leading provider of predictive analytics and reporting solutions, announced today the company will be exhibiting at the GAIM Asia 2008 Pan-Asian Hedge Fund Conference at JW Marriott, Hong Kong from March 31, 2008 through April 1, 2008.
UK-listed asset manager Man Group has agreed to buy Ore Hill, a US credit hedge fund manager with $3bn (€1.9bn) of assets under management, a move it described as part of a strategy to develop a global credit business.
ZURICH (Thomson Financial) - British hedge fund Laxey Invetment Trust Plc remains interested in Swiss construction group Implenia AG, investment director Roger Buehler told Swiss Sunday paper Sonntag.
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