Gulf Arab region to boost hedge fund investments (Headlines)
Persian Gulf Arab institutions are likely to boost hedge fund investments this year as they seek to diversify assets and stabilize returns, according to Investcorp Bank BSC of Bahrain, which manages $12bn.
Simon Properties acquires General Growth Properties (Headlines)
Simon Properties yesterday made an unsolicited $10bn bid for General Growth Properties, a rival mall operator that is trying to emerge from bankruptcy protection.
Spain tightens proposed hedge fund rules (Headlines)
European Union president Spain tightened proposed rules to regulate hedge funds and private equity groups, prompting accusations of protectionism from within the industry.