Majedie Asset Management has closed its Tortoise hedge fund to new investors as assets approach the £350m mark.
BlueCrest Capital is to list a feeder fund for its BlueTrend strategy, a systematic fund that trades across 150 global markets, on the London Stock Exchange this March.
Funds under management at Man Group-owned GLG shrank by $1bn in the three months to the end of 2011, according to a trading statement released today.
Three directors at Paulson Europe, the London-based arm of one of the world's best known hedge funds, have scooped a near £12m payday.
Eclectica's hedge fund star Hugh Hendry has been using put options on the so-called 'fear index' to play market volatility.
Around 42% of hedge fund managers see the potential for a default or restructure by Italy and Spain, according to a survey.
The FSA has banned a hedge fund manager and fined him £14,000 for failing to spot attempts by an employee to hide huge losses caused by the collapse of Lehman Brothers.