HSBC Global Absolute is set to reveal details of corporate action to be taken within the next two weeks, after its board announced a strategic review of the $100m listed fund of hedge funds.
Hedge fund managers running Ucits III-compliant long/short products returned 5% more than peers from the traditional long-only space over the past year, research has found.
Greek debt will remain volatile until Athens takes financial support from the EU or IMF, according to Stephen Drew.
The directors of Nevsky Capital's $3.3bn hedge fund are thought not to be actively planning to recruit replacement managers when incumbents Martin Taylor and Nick Barnes step down in 12 months.
Jason Mackay, co-head of the UK equity business at GLG Partners, is to leave the group at the end of this year.
The pound remained under pressure after hitting a ninth-month low against the dollar yesterday as the prospect of a hung Parliament heightened fears of a delay in reducing Britain's public debts.
London's RWC Partners says it will launch Ucits variants of each new hedge fund it establishes as long as the strategy meets key criteria.
Odey Capital Management is to focus more heavily on the retail and mass affluent marketplace, according to chief executive David Stewart.
Do hedge fund managers really have the relevant skills to successfully manage regulated, Ucits III products?
Hedge funds are not to blame for recent blow-outs in the spreads on Greek bonds, new research suggests.