Saturday, 28 November 2015
Last updated 20 hours ago
Dec 21 2009 | 2:09pm ET
The Asian hedge fund industry may be turning around, but Legal & General Investment Management won’t be a part of it.
The firm is closing its US$36 million Japan Alpha fund, a long/short equity vehicle launched in 2004. LGIM has appointed a liquidator for the fund, Investment Week reports.
Japan Alpha fell 18.3%, in line with the average hedge fund, but was up only 0.9% through the first five months of this year.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…