Research and publications
Amaranth Lessons Thus Far
In September 2006, Amaranth Advisors, LLC collapsed under the weight of losses, which were reported as $6.6-billion. Unfortunately, this meant that the fund had become responsible for the largest hedge-fund debacle to have thus far occurred. There were and are many surprising aspects of this debacle. How could a well-respected hedge fund implode so quickly? A revisited version of this paper was published in the Spring 2008 issue of the Journal of Alternative Investments.
Author(s):
Hilary Till
Summary:
In September 2006, Amaranth Advisors, LLC collapsed under the weight of losses, which were reported as $6.6-billion. Unfortunately, this meant that the fund had become responsible for the largest hedge-fund debacle to have thus far occurred. There were and are many surprising aspects of this debacle. How could a well-respected hedge fund implode so quickly? A revisited version of this paper was published in the Spring 2008 issue of the Journal of Alternative Investments.
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Register/Log in| Type : | Working paper |
|---|---|
| Date : | 09/08/2008 |
| Keywords : |
Alternative Investments |
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