GLOBAL - Pension funds are among the investors affected by a board decision to hive off 16% of the assets in Martin Currie's China A Share fund on concerns about Chinese tax liabilities.

GLOBAL - BlueCrest Capital Management has moved its group head office to Guernsey and opened a Geneva trading centre in a further sign of hedge funds opening operations outside London, whose attraction as a financial centre is fading.

GLOBAL - Institutional investors including pension funds are fighting back against being unexpectedly locked into their hedge fund investments, according to a global survey of them by Credit Suisse.

GLOBAL - Short selling activity by hedge funds has rotated out of equities, as a rally in lower quality companies over the past year has come to an end, and into corporate bonds as spreads have tightened.

GLOBAL - Investors in hedge funds selling their stakes on secondary markets have turned a profit on their holding for the first time in 18 months, demonstrating growing investor interest in the asset class.

Investors in hedge funds selling their stakes on secondary markets have turned a profit on their holding for the first time in 18 months, demonstrating growing investor interest in the asset class.

SWITZERLAND - Fund of hedge funds group Gottex Fund Management Holdings suffered a 16% decline in fee-earning assets last year, but saw the managed account program it launched in June grow to US$500m reflecting interest from institutional investors in...

UK - Hermes BPK Partners chief executive officer Matteo Perruccio said Europe's draft plans to regulate its alternative investment funds could be a boon to investment consultants if it goes ahead as planned.

GLOBAL - Fewer than one in 10 institutional investors has invested in Ucits-compliant hedge funds, but 35% could within 12 months, in what could prove a major boost for the US$35bn regulated long/short sector, research by Preqin revealed.

GLOBAL - The perfect storm battering hedge funds, of looming regulation worldwide and political vilification in Europe, has not deterred aspiring managers from launching products, as start-ups outnumbered liquidations in the fourth quarter of last year....