July 30, 2010
Turmoil throws hedge fund strategies awry
Turmoil in financial markets has inflicted significant damage on the investment performance of some of the biggest names in the hedge fund sector, with data showing DE Shaw and Goldman Sachs continuing to suffer losses.
City stock picker pockets £18m
A SECRETIVE hedge fund manager who is one of the main backers of the speculative African mining ventures of ex-England cricketer Phil Edmonds, can be revealed today as one of City's true galacticos with pay last year of nearly £18m from his job as a global stock-picker.
Fabien Pictet takes on Asia hedge fund from Jade
LONDON, Aug 9 (Reuters) - Emerging markets fund firm Fabien Pictet & Partners (FPP) said on Thursday it had taken over management of an Asia ex-Japan focused hedge fund from Jade Absolute Fund Managers after its fund manager retired.
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