Deutsche Bank surveyed 1,000 investors with $1,100bn invested in alternative assets. The results are merely surprising and reflect the current sentiment.
SFO seeks meeting with Weavering fund liquidator (Fund News)
Britain's Serious Fraud Office reported on Friday it is seeking an early meeting with PricewaterhouseCoopers, liquidators of the collapsed Weavering Macro Fixed Income hedge fund.
The International Monetary Fund on Thursday said that the global economy could contract by up to 1 per cent this year, the biggest contraction in 60 years, urging a powerful stimulus effort while criticising the plan offered by the US.
FSA to demand more data from hedge funds (Fund News)
Britain's financial regulator (FSA) is to ask London-based hedge fund managers for more information on their holdings and risk exposure, mirroring a plan recently put forward by the industry.