Funds Hub
Money managers under the microscope
Morning line-up
Hedge fund stories from the past 24 hours from Reuters and elsewhere:
SAC invests in star trader’s fund – FT Alphavile
Massachusetts court rules against hedge fund manager – Reuters
3A launches Ucits III fund of hedge funds – Opalesque
SilkInvest launches fixed income frontier fund - HedgeCo.Net
Bearish funds set for redemptions, Cramer predicts – NYT DealBook
BBVA and Newedge form Altura joint venture – Hedgefund Journal
A timely withdrawal?
Spanish bank BBVA’s move to close down its alternative investment arms including hedge funds shows just how much things have changed in the industry, even within the past year.
BBVA said it had “decided to anticipate the possible effects of the current situation of markets and of the alternative investment industry”.
