July 30, 2010
PXP Vietnam to Start Hedge Fund, Bets on Stock Market Recovery
The PXP Vietnam Value Fund will raise as much as $200 million to invest in undervalued stocks, Snowball said today. PXP, the initials of Phan Xi Pang, Vietnam's highest mountain, is betting that the stock market will recover as inflation eases and the nation's trade deficit widens at a slower pace.
EU prepares for hedge fund vote
European finance ministers are preparing to vote on new regulations governing hedge funds and venture capitalists.
TORONTO, ONTARIO-- - Integrated Asset Management Corp. and its managed futures arm, Integrated Managed Futures Corp. announced that the IMFC Global Diversified Fund won the Best New Fund Performance Award last week at the Canadian Hedge Fund Awards 2008.
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