SYZ opts for style over strategy

SYZ Asset Management, manager of the Altin-listed fund of hedge funds, believes that the management style of a hedge fund is more important this year than selecting funds based on which strategies are doing well.


Lloyd's of London crashes to loss

The Lloyd's of London insurance market crashed to a first-half loss of 697 million pounds ($1 billion), weighed down by record claims from natural catastrophes including the March 11 Japanese earthquake and tsunami.