Hedge Fund losses Archives - Carrier Management

As Promised, AIG Scales Back Hedge Fund Investments

American International Group Inc. reduced bets on event-driven and long-short strategies as the insurer scaled back hedge fund investments. Event-driven holdings were cut 41 percent to $700 million, ...

AIG, Burned by Hedge Fund Losses, Will Redeem $4.1B of Those Holdings

American International Group Inc., the insurer burned by losses on hedge funds, has submitted notices of redemption for $4.1 billion of those holdings through the end of the first quarter. "As of ...