Wednesday, 26 November 2014
Last updated 11 hours ago
Jan 25 2011 | 7:49pm ET
Sumitomo Trust & Banking Co. has shuttered a US$50 million hedge fund.
The firm’s asset management arm, Sumitomo Trust Finance, liquidated the Tactical Equity Concepts Japan on Dec. 20. The fund, which was launched in June 2009, lost 10% last year.
Sumitomo launched the fund with US$100 million.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
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