| 28.02.2013 State Street unit shuts down Japanese fund of hedge funds |
| Komfie Manalo, Opalesque Asia – State Street Global Advisors’ alternative unit SSARIS has announced it will close its Japanese fund of hedge funds on concerns about dwindling assets and poor returns. A report by AsianInvestor.net said that the SSARIS Multi-Manager Japan Equity Fund’s assets fell to an estimated $10m and registered negative 3.16% losses in the first half of 2012 and fell -1.83 |