Funds of funds take drastic steps to cope with Madoff Funds of hedge funds entangled in products managed by Bernard Madoff are slashing fees and writing off investments in a bid to keep investors and

Funds of hedge funds shrink by 30% in year By Anuj Gangahar in New York Published: March 10 2009 22:19 | Last updated: March 10 2009 22:19 The funds of hedge funds industry shrank by almost 30

Lean Times for Funds of Hedge Funds March 10, 2009, 2:02 pm The investment pools that provide much of the hedge fund industry’s capital seem to have sprung a leak. Funds of hedge funds

Funds of Funds & Madoff: ‘Like Presiding Over the Long-Term Funeral’ Posted by Deal Journal David Walker, of Financial News, files this dispatch on how funds of funds are discovering the high cost o

Madoff Losses at Municipal Pensions Spur Investment Warning By Jerry Hart and Josh Fineman Jan. 10 (Bloomberg) -- Municipal-pension managers shouldn’t give money to advisers who invest it in fu