Boyer Allan shuts China, Asia Hedge Funds (Fund News)
Boyer Allan Investment Management is shutting two of its hedge funds after losses and a fall in assets this year, sources familiar with the matter said, lengthening the list of Asia focused funds that have closed this year.
BlueCrestâ??s Platt considers European banks insolvent (Headlines)
Michael Platt, the founder of the $30bn hedge fund BlueCrest Capital Management LLP, thinks most of the banks in Europe are insolvent and the situation will worsen in 2012 as the regionâ??s debt crisis accelerates.
New regulation threat to smaller hedge funds in Singapore (Fund News)
Singapore's $53bn hedge fund industry is set for a shakeout as the city-state's planned new regulations are expected to raise costs for many smaller funds, threatening their survival.
Hedge Funds consider legal action against Ireland (Fund News)
A group of US hedge funds is threatening to take legal action against the Irish government if it proceeds with plans to inflict losses of up to 100 per cent on â?¬300m subordinated bonds they hold in Bank of Ireland.