July 30, 2010
Target Corp. stock rose Monday after a filing reported that activist investor William Ackman's hedge fund had increased its stake in the Minneapolis-based retailer.
Global macro was the most popular hedge fund strategy among investors last year, despite producing one of the lowest returns.
Bundesbank's Weber calls for improved hedge fund transparency
"There is still scope in my view for further improvement in the current setting, especially when it comes to transparency," he said at panel on hedge fund surveillance held during the IMF and World Bank spring meeting.
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