Early estimates indicate that the HFN Hedge Fund Aggregate Average, an equal-weighted benchmark of all single manager hedge funds and CTA/managed futures products in the 8,000 fund-strong

Magnum Global Investments is sponsoring a new offshore hedge fund whose strategy in its US limited partnership yielded net returns of 37.4 per cent last year and has gained 19.4 per cent y

London-based hedge fund manager RAB Capital has reported at its annual general meeting that assets under management have declined to USD6.34bn at the beginning of May, as a result of the i

Insparo Asset Management has announced plans to launch its inaugural Africa and Middle East hedge fund this month with an expected USD125m in assets, offering investors the opportunity to

Five of the six hedge fund strategies covered by Dow Jones Hedge Fund Indexes posted net-of-fees gains in April, although event-driven is still the only strategy tracked by Dow Jones that

Over the weekend, software giant Microsoft dropped its three-month-old bid to buy internet firm Yahoo! because the two sides cannot agree on an acceptable price.

Polar Capital has announced plans to launch the UK Absolute Return Fund, which will invest predominantly in equities of UK companies and to a much smaller degree European and global equiti

The silent tsunami has arrived.

Assets under management in hedge funds worldwide rose to USD2.6trn during 2007, despite the impact of the credit crunch on investor appetites in the second half of the year, according to r

Red Kite Management, which specialises in investment in the metals markets, has announced that it is in the final stages of launching a new product under the name Hong Feng Zheng, the Chin