AllianceBernstein Holding LP became another victim of the hedge fund rout when American International Group Inc. decided to wind down a six-year relationship with the asset manager. AIG was the ” most significant” driver of outflows last month as the …
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 today, we have received $1.2 billion of proceeds …
American International Group Inc., the insurer that’s shrinking under pressure from activist shareholders, posted a third-straight unprofitable quarter on losses from hedge funds and declines in the value of other investments. The first-quarter net loss of $183 million, or 16 …
