November 22, 2008
UPDATE:Fed Official Notes Hedge Fund FX Bad Practice Talk
MIAMI -(Dow Jones)- An official at the New York Federal Reserve Bank said Friday he has been made aware of hedge fund activity in the foreign exchange markets that may not be good practice.
Gap Narrows In Hedge Fund Assets Controlled From London, NY
LONDON -(Dow Jones)- Growth in London's share of the world's hedge fund assets under management is outpacing New York's, according to a report by International Financial Services, with London-based managers now controlling around $360 billion of the estimated $1.5 trillion total.
Magnetar hedge fund hires Sterge for reinsurance push
SAN FRANCISCO (MarketWatch) -- Magnetar Capital said on Monday it has hired quantitative investment specialist Andrew Sterge to build a reinsurance business for the $3 billion hedge fund firm.
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