UK pooled funds of hedge funds failed to achieve positive returns during the third quarter of this year, recording a median loss of 9.7 per cent, according to Bank of New York Mellon’s ass

Alternative investment firm Coast Asset Management is selling its fund of hedge funds business and focusing its efforts on funds that employ its fixed income arbitrage investment strategy. Coast anticipates that the sale to another asset management firm will close

Dow Jones Hedge Fund Indexes has announced the temporary suspension of publication of the Dow Jones Hedge Fund Equity Long/Short and Equity Market Neutral Strategy Benchmarks from November

Specialist emerging markets manager Argo Group has announced plans to launch the Argo Multi-Strategy Fund, a diversified multi-asset class portfolio that will enable investors to participa

Van Biema Value Partners has announced the official launch of the Cayman-domiciled Van Biema Asia Value Fund, which began operations on August 1 with an initial commitment of USD215m from

Zurich-based fund of hedge funds manager Infiniti Group has been acquired by a consortium of senior staff and strategic investors in a management buyout led by co-founder and chairman Kenj

Swiss-based alternative asset manager LGT Capital Partners has announced the acquisition of KGR Capital, a Hong Kong-based manager of Asian funds of hedge funds with some USD350m in assets

Zurich-based Swiss Capital Alternative Investments has launched a fund of hedge funds designed to take advantage of new investment opportunities appearing in the global real estate market.