Friday, 31 July 2015
Last updated 8 hours ago
Oct 30 2008 | 8:35am ET
Things are ugly in the hedge fund heartland. But somewhat farther afield from New York, Greenwich, Conn., and London, things are a good deal calmer.
Israel is no major hedge fund center, with about 20 funds operating. But those funds have done a better job than their global compatriots, losing just 1.8% last month while Israeli stocks took a 12% bath.
Israeli hedge fund have seen their assets under management fall, but the decline is blamed primarily on withdrawals and difficulty raising new capital, Globes Online reports.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…