The Managed Funds Association has asked the Bank of England
to help hasten the release of billions of dollars of hedge fund
assets that were frozen following the bankruptcy of Lehman
Brothers International Europe (LBIE).
In a five-page letter, the U.S. hedge fund lobbying group
said it was "extremely concerned" that the administrator for
LBIE - PricewaterhouseCoopers (which is not named in the
letter) - is setting...