US - Amaranth Advisors has announced plans to shut down after the hedge fund lost more than US$6bn through bad investments.
Pension funds across the US lost millions of dollars when the hedge fund took a massive hit on natural gas investments, most notably the US$7bn San Diego County Employees' Retirement Association, w...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here