Investors used the mid-year point to review fund portfolios making requests to pull out cash from hedge funds increase in June.

Macro hedge funds are using the recent sell-off in the Mexican peso as a buying opportunity. (Photo : Reuters)The image shows different currencies against the US dollar.

Hedge fund group is seeking to break up Kleinwort Benson for poor performance and 'erratic' management strategy.

Family funds such as the Reimann family have eased out other private equity firms in terms of long term investments.

More and more hedge funds are infusing money into cash strapped municipal governments. In the last twenty years, specialized private equity firms have lorded corporate bankruptcies, being called 'vultures' and at the same time infusing capital for these distressed companies.

Portfolio manager Michael Steinberg at Steven A. Cohen's hedge fund SAC Capital Advisors was arrested on as part of a long-running investigation on insider trading.

Appeals by hedge funds against Porsche actions withdrawn in the US but case continues in Germany. In a recent move, a consortium of hedge funds has dropped their appeal in US courts but continue their case in Germany.

China eyeing lowering bar for becoming QFII -sources A proposed plan by China's regulators could allow hedge funds, for the first time, to directly trade in mainland stocks and bonds, opening up one of Asia's biggest capital markets to the $2 trillion industry.