Assets down 41% from June 2008 peak
Assets decline 9% in the first two months of the year as redemptions surge
Growth expected to resume later in 2009
Closing date for submissions is April 30
Hearing continues June 16
Markets could stabilize by mid-year
Fund assets fall for fifth-straight month
Hedge funds likely managed a positive return of about 0.80% in January, based on prelimary data from the Credit Suisse/Tremont Hedge Fund Index.Relative value managers (such as convertible arbitrage, fixed income arbitrage, and equity market neutral strategies) were generally up for the month, buoyed by improving credit markets and central bank interventions, the index provider […]
U.S. regulatory environment to change substantially in the next year, Clark says
Many institutional investors now focused on due diligence