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Major Barclays fund has 'challenging' period

Barclays fund saw no broad exodus; Goldman's losses

(The Wall Street Journal) -- Barclays Global Investors, one of the world's biggest fund managers with $2 trillion (€1.5 trillion) in assets under management, is expected by tomorrow to provide investors with its weekly update for its 32 Capital Fund. The fund's performance has been "challenging," but it hasn't faced large-scale redemption requests from clients or liquidations of its holdings, a person familiar with the fund said.

And Goldman Sachs, whose well-known Global Alpha fund has been hard hit, is expected to put out a statement this morning and hold a conference call to walk investors and analysts through some of the losses its "quantitative equity" funds have suffered.

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