Man Group announced one of the biggest hedge fund launches this year with the unveiling of the $1.5bn Nomura Global Trend fund (Japan-focused and event-driven). David Tepper is reported to be planning to seed a new fund that's being launched by Matthew Knauer, one of his senior analysts at Appaloosa. HSBC Alternative Investments Ltd announced the expansion of its flagship HSBC GH Fund of Hedge Funds to clients holding CNH deposits. Pulse Capital Partners, LLC has announced a partnership with Hong Kong-based asset manager Ardon Capital Management Ltd. to launch an Asia-focused event-driven fund. And, Old Mutual Asset Managers (OMAM) has scrapped plans to launch a retail version of its British equity hedge fund.
Justin Pollock said he would close CastleBay Capita......................
To view our full article Click here