November 21, 2008
Hedge Fund Index Posts Slight Gain
It may not be the lucrative returns once seen out of the hedge fund universe, but gains posted by the Credit Suisse Tremont Hedge Fund Index show hedge funds held their head above water last month.
Premier hires hedge fund specialist
Premier Asset Management has appointed hedge fund specialist Chris Wright to its premier dividend fund.
US firm Renaissance Technologies, regarded as the world's most successful hedge fund manager, recorded its first annual loss on a hedge fund since 1988 as its Renaissance Institutional Equities Fund fell almost 1% last year.
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