UK - Amaranth Advisors, the ill-fated US hedge fund that lost US$6bn on investments in natural gas in September, has got rid of five members of staff from its London office.
The news comes as the company faces legal action from investors, including the San Diego County Employees' Retirement Association (SDCERA), hit by the firm's implosion. SDCERA lost over $100m in th...
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