EU plans would limit investors to 40 per cent of hedge funds (Headlines)
Bloomberg reports that as many as 40 percent of the worldâ??s hedge funds wonâ??t have access to European Union investors if EU plans to oversee funds and private equity are passed in their current form, citing an official at Britainâ??s regulator.
Hedge funds sue Porsche over failed VW takeover (Headlines)
Four hedge funds - Elliott, Glenhill, Glenview and Perry Capital â?? filed a lawsuit at the New York Southern District Court on Monday, in an attempt to recoup large losses suffered by them after a VW share price surge triggered by Porscheâ??s takeover attempt of Europeâ??s largest carmaker.
Goldman winds down flagship hedge fund (Fund News)
According to a report in the Financial Times, Goldman Sachsâ?? asset management unit is said to have wound down its Global Equity Opportunities (GEO) Fund at the end of December.
Global demand for U.S. assets has risen in November (Headlines)
The Treasury Department has reported that private investors worldwide bought a record amount of U.S. stocks, bonds, and other government securities in November, according to Bloomberg. The net-purchase of equities, bonds and notes reached $126.8bn in November, compared with $19.3bn in October.