Calpers may invest more in Hedge Funds (Headlines)
California Public Employeesâ?? Retirement System, the largest U.S. public pension fund, is likely to increase or maintain hedge fund investments next year after a review, according to Chief Investment Officer Joseph Dear.
A closely followed hedge fund manager known for correctly betting on the housing marketâ??s collapse four years ago purchased a small stake in the nationâ??s largest mortgage insurance company in a bet that the housing market has neared bottom.
Henderson liquidates global currency funds (Fund News)
Henderson, the UK asset manager is winding up its £37m Luxembourg-based Henderson Horizon Global Currency fund, which is regulated under the European Unionâ??s Ucits III directive, as well as its £10m Henderson Global Currency fund, a hedge fund domiciled in the Cayman Islands.
Weavering manipulated returns from 2003 (Fund News)
The manager of Weavering Macro fund, the hedge fund whose collapse prompted an investigation by Britain's Serious Fraud Office, "cynically manipulated" its performance from as early as 2003, a court heard on Friday. Oct. 28.