Black River liquidating four funds while Fortress shrinks macro fund

Cargill’s Black River Asset Management is liquidating four hedge funds and returning assets to investors. The reason given for closing [Read More]
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Credit Suisse: Global macro remains most favored strategy by institutional investors

Credit Suisse’s mid-year Hedge Fund Investor Sentiment Survey finds that global macro continues to be the most favored strategy by [Read More]
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US Treasury supports bankruptcy law for Puerto Rico as August 1 deadline looms

US Treasury Secretary Jacob Lew said that creating a path as soon as possible to allow Puerto Rico’s government to [Read More]
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Man Group’s performance fees double – assets at $78.8B

London-based Man Group said it had a $163 million pre-tax profit in the first half of the year compared with [Read More]
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eVestment: Funds of funds outperform hedge funds over past 12 months: 6.65% versus 5.84%

eVestment’s just-released report on funds of funds shows that funds of funds outperformed hedge funds on an equal weighted absolute [Read More]
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