Wednesday, 27 May 2015
Last updated 2 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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by partcipating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…