Hong Kong-based Income Partners has suspended redemptions on its Asian Credit hedge fund, citing “extreme volatility in the financial markets."

Pharos Financial Group’s tri of hedge funds fell again last month amid the continuing sell-off in the Russian equity market.

The collapse of the mortgage market has made John Paulson an extremely rich man, but it may be costing him in the sale of his old Hamptons getaway.

BlueBay Asset Management is closing a fixed-income hedge fund after accusing its manager of breaking valuation rules.

Worsening market conditions and changes to the regulatory landscape will force many hedge funds to close or sell out, according to global consulting firm Watson Wyatt.

One Laguna Beach, Calif. rookie hedge fund is actually doing what its more established peers are having a hard time with this year: Making positive returns. Channel Islands Capital & Co.’s long/short equity fund, Orissa Partners, debuted in July and is up 4.5% through October.

The fund invests mid- to large-cap stocks in a variety of industries including retail, healthcare, technology, financial, consumer, energy, cyclical and industrials, according to the firm’s marketing brochure.

While many Western hedge funds are scaling back their operations in hard-hit Asia, or eliminating them altogether, the region’s largest hedge fund manager is doing the opposite.

The losing streak continued last month for the Iraq-focused Babylon Fund, which dropped 10.4% in October, bringing its year-to-date losses to 18.8%.

While many banks are fleeing the hedge fund industry, Switzerland’s Union Bancaire Privée is standing pat, ready to fill the holes left when the markets settle.

When one Brazilian hedge fund lost its manager, it also lost just about all of its investors.