US and UK plan to collect common data from hedge funds (Headlines)
Securities regulators from the United States and Britain plan to identify a common set of data to collect from hedge funds, the U.S. Securities and Exchange Commission said yesterday.
Thirty senior bankers from Société Généraleâ??s alternative asset management team have left to set up their own hedge fund business. The venture will be backed by an American private equity firm.
Three former Macquarie Group Ltd. quantitative strategists have started a hedge fund with the backing of Ascalon Capital Managers Ltd. to invest in global equities using computer-trading models.
Dubai investment firm Istithmar World may be the first sovereign wealth fund to liquidate after a $27bn spending spree financed largely with borrowed money, according to a report by Bloomberg.