Industry News

Check out the latest news and insight from the ever-evolving world of institutional investing and hedge funds from around the globe.

To submit industry-related press releases or request feature ideas please contact

News Archive

Read More Industry News >

Weavering Founder Appears in London Court

Jan 07, 2013
Jing Chen

The founder of the now-defunct hedge fund Weavering Capital has been ordered by a judge to surrender his passport to U.K’s Serious Fraud Office within seven days.

Bloomberg reported that a judge also scheduled Magnus Peterson, who faces six charges relating to fraud over the collapse of the hedge fund in 2009, to appear at a higher criminal court in about 12 weeks.

Weavering Capital managed about $640 million in assets before it was discovered that the counterparty for its largest trading position was controlled by the fund’s manager.

Read More Industry News >

eVestment’s 2015 Hedge Fund Industry Outlook

Read More