Does the specter of Amaranth Advisors still haunt its survivors?
A group of traders from the fallen hedge fund, recruited last year to start a Canadian hedge-fund unit for Moore Capital Management, lost 15 percent in November, Bloomberg News reported citing two unnamed sources.The Toronto-based unit, which managed $1 billion before the decline, opened a year ago to invest money for other Moore funds....Continued
Wednesday, December 5, 2007
Amaranth Veterans Said to Lose 15% at New Fund
From the New York Times DealBook: