US and UK plan to collect common data from hedge funds (Headlines)
Securities regulators from the United States and Britain plan to identify a common set of data to collect from hedge funds, the U.S. Securities and Exchange Commission said yesterday.
Three former Macquarie Group Ltd. quantitative strategists have started a hedge fund with the backing of Ascalon Capital Managers Ltd. to invest in global equities using computer-trading models.
Dubai investment firm Istithmar World may be the first sovereign wealth fund to liquidate after a $27bn spending spree financed largely with borrowed money, according to a report by Bloomberg.