News

Preqin Blames Madoff for Hedge Fund-of-Fund Downfall

As the overall hedge fund-of-funds industry has dropped from $1.25 trillion in 2008 to $910 billion as of Q2 2011, Preqin blames the changes in the industry on Bernie Madoff, saying investor caution has heightened following his multi-billion Ponzi scheme.

Norway Boasts World's Safest Bonds

As investors have fled riskier assets for bonds in recent years, the International Monetary Fund has reported that only a handful of countries are really deemed as financially safe.

FairPensions: US Schemes Voice Discontent With BP While UK Avoids Spotlight

Following the decision by two of the US's largest pension funds -- CalPERS and the Florida State Board of Administration -- to publicly vote against BP at its annual general meeting, FairPensions, a UK-based advocacy group, has asserted that while US investors are happy to voice their intentions, few investors in the UK are doing so.