Eurekahedge

Scuttled deals worth $580 billion put hedge funds on back foot

Hedge funds specializing in bets on mergers and acquisitions are starting to see investors withdraw funds, prompting them to take a more cautious approach after being caught out by more than 500 corporate deals globally failing this year.

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2013 is a record year for hedge funds - report

Data released by research firm and data provider Eurekahedge revealed that hedge funds worldwide posted record gains not seen since 2007, said a Business Insider report.

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Ex-Perry Asia head raises $940 mln in top Asia hedge fund launch of 2012

Alp Ercil closed his own Asia-Pacific fund to fresh money this week after raising $940 million in the biggest hedge fund launch in the region for 2012.

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