Preciosa Dumlao

Hedge fund flows as measured by the GlobeOp Capital Movements Index were positive 2.29% in May.

At least 73 people were killed in twin bombings to hit a paramilitary force academy in north-west Pakistan Friday in what appears to be a retaliation to avenge the death of al Qaeda leader Osama bin Laden by U.S. security forces in Pakistan earlier this month.

Asia is a vibrant economy with its cities bustling with activities. But the best Asian cities also offer some sins.

The Philippine government has ordered a ban on the showing of violent, porn and racy movies in buses plying all roads.

Red-faced Facebook executives on Thursday admitted launching a smear campaign against number one rival Google and discredit its privacy practices.

The U.S. is losing hundreds of millions of dollars in prospective revenues and millions more in new jobs because of its strict visa policy that drives away millions of travelers. The burdensome visa program is hurting the U.S. travel industry, a study show.

HFR (Hedge Fund Research, Inc.) announces the industry's first daily hedge fund performance database, allowing investors to access data on a rapidly growing universe of hedge funds which provide investors with daily performance figures.

The British Royal Navy has announced its plan to deploy a warship made from plastic to avoid triggering mines. The HMS Ramsey is scheduled to set to the gulf from its base at Faslane, it was reported.

At least 10 people were killed and dozens more injured when two successive earthquakes hit southeast Spain on Wednesday. The quake also damaged buildings and destroyed vehicles, in what officials described as one of the strongest quakes to hit the country in 50 years and inflicting the highest number of deaths.

The tiny island nation of Samoa off the Pacific is catapulting itself 24 hours into the future on December.

"Till death do us part."And to prove just that, two Chinese couple held their wedding inside a cemetery to declare their intention to be together until death.

A six-year-old boy from Croatia dubbed "magnetic boy," is attracting curiosity from his family and friends because of his - you guessed it right - magnetic attraction.

Hedge funds returned an average of 2.05% in April 2011 and the rate of net investor inflows was again above the 2010 average.

Blue Rice Investment Management (BRIM) is pleased to announce its strategic partnership with NewAlpha Asset Management, the Paris-based global hedge fund incubation specialist with an investment into the BRIM Asian Credit Fund as of 1st May 2011.

The Lyxor Global Hedge Fund index, an investable index based on Lyxor's hedge fund platform which tracks the overall hedge fund universe, was up +1.4% in April, lifting year to date gains to 2.1%.

A Chinese Kung Fu expert is carving a career with the use of his skills in the ancient Chinese martial art to hurl playing cards like throwing knives.

According to the latest U.S. monthly job report, the percentage of employed African-American men fell to its lowest level since records began in 1972. The figure belie expectations that the election of the first African-American in the White House could boost the blacks chances of getting jobs.

Investors inclined to sell in May and go away for the summer have plenty of reasons to get an early start this year, with lackluster macroeconomic data joining a list that includes turmoil in the Middle East, inflationary pressures

Ramplin Capital, acting as independent director to the SEB Prime Solutions UCITS platform, would like to announce that Vertex Capital Management Ltd, the London-based investment advisory firm, has launched a new UCITS fund via SEB Prime Solutions.

Hedge funds were up 1.73% in April making it ten consecutive months of positive returns for the industry. Managers handled the mid-month volatility skillfully to post strong returns for the month. Trend-following strategies were the most successful as the markets' movements were positive at the start of the month and ended with a sharp upturn. The MSCI AC World Index was up 1.84%1 during the month.

Two traffic officers from Los Angeles are facing the ax after they appeared in a porn video while on the job.

A Chinese woman from Suining, southwest China's Sichuan Province gave birth to a baby girl with two heads that surgeons ruled cannot be separated.

A new Twitter account claiming to expose secret lives of Hollywood celebrities, particularly their extra-marital affairs, went viral a few hours after it was launched.

CME Group Inc. (Nasdaq: CME) today announced that its board of directors has authorized a return of capital to shareholders through a share buyback program of up to $750 million of CME Group Class A common stock, subject to market conditions. The buyback program will take place over a period of up to 12 months.

Hedge funds, as measured by the Greenwich Global Hedge Fund Index, gained across all major strategies in April. The GGHFI gained 1.69% compared to global equity returns in the S&P 500 Total Return +2.96%, MSCI World Equity +4.02%, and FTSE 100 +2.73% equity indices. 78% of constituent funds in the GGHFI ended the month with gains.

Omgeo, the global standard for post-trade efficiency, announced today that it has launched the Hedge Fund Operations Forum (HOF), an industry peer group for UK-based hedge fund operations professionals. Members of the HOF will meet on a quarterly basis to exchange ideas and knowledge of operational best practice implementation that goes beyond current regulatory requirements.

Hennessee Group LLC, an adviser to direct hedge fund investors, announced today that the Hennessee Hedge Fund Index advanced +1.36% in April (+3.85% YTD), while the S&P 500 advanced +2.85% (+8.43% YTD), the Dow Jones Industrial Average increased +3.98% (+10.65% YTD), and the NASDAQ Composite Index gained +3.32% (+8.32% YTD).

Navies across the world are adding aircraft carriers to their fleet, refurbishing old ones and adding new inventories even as some experts have questioned the cost and the relevance of aircraft carriers in the changing military warfare.

American President Barack Obama said on Sunday that "finally getting" the world's most notorious terrorists Osama bin Laden was the top priority and far outweighs the risks, that eventually made him give the go signal to the commando raid.