Some hedge funds suffered significant losses in May (Fund News)
Some of the worldâ??s biggest hedge funds have suffered significant losses this month after high levels of volatility across markets and the short-lived stock market plunge in New York combined to wipe billions from portfolios, the FT reports.
Paulson holds second conference call with investors in a week (Fund News)
For the second time this week, hedge fund manager John Paulson has held a conference calls with investors over his involvement in the Goldman Sachs case, according to CNBC.