GLOBAL - Hedge funds overall lost 2.3% in August - a poor month by their own standards - but this average figure for the $2trn industry masks eye-watering numbers some individual managers are now posting to data providers.

GLOBAL - Hedge funds are now down a modest 1.2% for this year after a 2.3% loss in last month's turbulent markets, concentrated among equities and event-driven strategies, eliminated hard-won gains up to July.

EUROPE/US - Hermes BPK Partners, the hedge fund investment arm of institutional manager Hermes, is to support and seed hedge fund businesses as the climate for start-ups in the $2trn industry re-emerges.

EUROPE - Scepticism some European allocators feel about the ability of ‘absolute return' funds to achieve their aims has been vindicated so far this month as almost eight in every 10 European funds in the sector lost money in the volatile first three...

EUROPE - The UK government is understood to be prepared to shoot down proposals for a financial transaction tax being mooted by Germany and France.

GLOBAL - Now Europe and the US markets have been put in the ‘too-difficult' basket, managers and allocators have turned attention to Asia, a region some might feel is the world's ‘last man standing'.

Hedge funds had much of their gains this year wiped out last week as half the alternative strategies reporting daily data to Hedge Fund Research's investable indices lost over 1% of their value in just 24 hours.

EUROPE - Hedge funds had much of their gains this year wiped out on Friday as half the alternative strategies reporting daily data to Hedge Fund Research's investable indices lost over 1% of their value in just 24 hours.

GERMANY - Germany's status as a leading centre for shareholder engagement on sustainability and corporate governance has been reinforced by research finding two thirds of institutional investors favour using such issues when investing, and most follow...

UK - Britain's financial regulator says the low footprint hedge funds have in most capital markets means overall they pose a low systemic risk, but it has warned of a greater influence by the industry in areas such as convertible bonds and commodity and...