July 30, 2010
Hedge fund sells $1M in Noven shares
A hedge fund with a major stake in Miami-based Noven Pharmaceuticals has sold $1.04 million worth of its shares – and did so for a lower price per share than it received in a similar transaction a month ago.
Hedge fund and property ITs relegated from FTSE All Share following rebalancing
Following the annual FTSE rebalancing last night eight investment companies have been excluded from the FTSE All Share, fewer than the numbers that had been anticipated and mainly involving the hedge fund sector.
€6bn hedge fund manager swaps Amsterdam for London
The head of a €6bn ($8.1bn) hedge fund run by Dutch asset manager APG, who had said the Netherlands was a "much happier environment" to work in than the UK and helped set up a seeding company to encourage Dutch fund managers, has come back to London.
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