Multi-asset

SPOTLIGHT

Hedge fund bashing never fails to go down a treat.

Investment Week Conjecture

SVM founder Colin McLean has taken over the group's Skandia UK Best Ideas mandate following the departure of Hector Kilpatrick earlier this month.

Aviva Investors has registered its Global Convertibles Absolute Return Sicav for sale in the UK.

ON ASSET ALLOCATION

Much of the financial media's focus this week was on Goldman Sachs, US hedge fund Paulson & Co, the SEC, and problems with complex mortgage-related instruments.

HSBC is to wind up its $100m listed Global Absolute fund of hedge funds following a vote by shareholders.

Hedge fund Paulson & Co has been forced on the defensive over the firm's role in the Goldman Sachs fraud dispute.

One of the UK's best known hedge fund groups has taken a £47m bet against Prudential in the lead-up to its proposed $35.5bn acquisition of AIA.