May 14 2009 | 8:56am ET
Asia-focused hedge funds are rebounding from a disastrous 2008 with gains of over 8.5% this year, including a 7% jump in April, according to the HFRI Emerging Markets Asia ex-Japan Index.
Despite the recent gains, investors withdrew US$9 billion from hedge funds investing in Asia in the first quarter of 2009 and total capital invested in Asia-focused hedge funds fell to US$65 billion at the end of the first quarter, approximately US$45 billion below the record level achieved at the end of 2007.
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…