Hedge funds post their best performance in their first two years, producing lower returns as they get older and larger, according to a study published today.
The United Nationsâ?? Food and Agriculture Organisation food price index, considered the best measure of global food inflation, saw its first decline in 15 months in April, as wheat, dairy, sugar and soyabean prices fell.
Drake Management has pulled the plug on its $2.5bn flagship 'Global Oportunities' hedge fund after failing to secure enough support from investors to keep it operating.