July 30, 2010
U.S. fund investigated in Malaysia
Aeneas Capital Management, the hedge-fund company run by the former money manager of SAC Capital Advisors, Thomas Grossman, is under investigation by regulators in Malaysia after bets on Malaysian stocks caused losses of about 60 percent in one of its funds, people with direct knowledge of the investigation said.
Permal enters India hedge fund market
Permal, one of Britain's largest funds of hedge funds firms, has launched a new India fund in one of the first significant hedge fund investments into the sub-Continent.
Ex-UBS Bankers’ New Japan Hedge Fund Gains 14% Since July Start
Aug. 31 (Bloomberg) -- Akito Fund, a Japan-focused hedge fund set up by former UBS AG bankers, returned 14 percent since its July start, beating benchmarks on investments in smaller companies including Geo Corp. and Yellow Hat Ltd.
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