Hedge Crunch FinancialEurope
Europe Warns New Chinese Leaders that Reform Must Come
The World Bank, along with other government advisors are calling for China to reduce state-sponsored industry. This appeal comes as new leaders assume power of the Communist Party in the world’s second largest economy. The European business leaders warned that China’s government dominated economy must make tremendous reforms to maintain China’s rapid growth rate. "Incremental […]
Asian Hedge Funds Grow Thanks to ‘Good Governance’
According to Andrew Gordon, head of alternative investment services at BNY Mellon, Asian hedge funds are growing as they work to attract institutional money. In fact, the average size of a fund launch in Asia last year was around $40 million, the same as Europe. “Mid-sized funds did very well in Asia,” Gordon said. He […]
Hedge Funds See Small Gains as Europe Concerns Lift
Markets across the globe saw minor improvements last month. The Greenwich Global Hedge Fund Index returned 2.27% last month, while the Standard and Poor’s 500 Index increased 10.93%. The index has stayed down 3.2% this year. Greenwich Alternative Investments tracked three hedge funds, two of which gained ground. Long/short equity funds increased 5.32% in October, […]