Palm Beach Hedge Fund Burned by Ponzi-Schemer Petters
New York (HedgeCo.Net) – South Florida-based hedge fund Palm Beach Finance Partners LP says it lost more than $1 billion to the company run by famed fraudster Tom Petters. Petters headed...
View ArticleHedge fund regulation to capture listed fund sector
Citywire.co.uk – European regulation intended to introduce some controls on hedge funds will inadvertently capture almost all investment trusts. Draft rules released by the European Commission define...
View ArticleJapan July retail trust funds value hits 10-mth high
Reuters – The value of Japanese retail-targeted mutual funds rose to a 10-month high of 58.8 trillion yen ($613 billion) in July, lifted by inflows into international equities funds and strength in...
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