Hedge fund walks away from Greek debt talks (Headlines)
Talks over restructuring part of Greece's massive public debt ran into trouble on Tuesday as one fund walked away from negotiations, fuelling growing doubts about whether a deal that is crucial to a new bailout agreement can be reached this year.
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.