Tag Archives: business-times
Hedge funds post record US$350b loss in 2008
Business Times Malaysia – Hedge funds posted their biggest decline on record last year, losing US$350 billion globally, as the credit crisis crippled returns and forced investors to pull money out, an industry report showed. About 90 per cent of the […]
Citadel Limits Redemptions in Two Hedge Funds
New York (HedgeCo.Net) – Chicago-based Citadel Investment Group has frozen redemptions from its two largest hedge funds after investors moved to withdraw $1.2 billion, according to a letter sent to clients on Friday. The letter, signed by CEO Kenneth Griffin, […]
Tudor’s BVI Hedge Fund Suspends Redemptions, Will Split in Two
New York (HedgeCo.Net) – Hedge Fund firm Tudor Investment Corp. has suspended investor redemptions from its $10 billion BVI Global unit until March 31st, giving the company time to split the fund into two. BVI Global was hit by a […]
