BBC pension fund cutting allocation to hedge funds

  The British Broadcasting Corp is the latest pension fund to cut its hedge fund allocation due to high fees. [Read More]
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Folger Hill gets $500M from Schonfeld to expand presence in Asia

Folger Hill Asset Management has received a $500 million commitment from Schonfeld Strategic Advisors to expand its Asia business, reports [Read More]
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Caspersen gets a four-year sentence

  Andrew Caspersen was sentenced to four years in prison for defrauding his family, friends and investors out of $38.5 [Read More]
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Performance Round-Up: Macro managers benefit in October

Macro managers provided strong results in October due to growing inflation concerns and rising government bond yields while CTAs were [Read More]
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Och-Ziff in ski resort megadeal…Fitch cuts OZM long term issuer default rating to junk

Och-Ziff Real Estate, a unit of Och-Ziff Capital Management, is buying 14 properties including Sugarloaf and Sunday River in Maine, [Read More]
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