Research and publications
Inferences about the Amaranth Case and the Emerging Maturity of the Hedge Fund Industry
The Amaranth case is surprising in many ways. It is definitely a surprise that a well-respected multi-strategy hedge fund could lose about $6-billion in little over a week. It is perhaps an even greater surprise that such a loss would have little knock-on effects on the hedge fund industry and the wider capital markets. This paper will focus on providing new inferences on the riskiness of Amaranth’s trading strategies.
Author(s):
Hilary Till
Summary:
The Amaranth case is surprising in many ways. It is definitely a surprise that a well-respected multi-strategy hedge fund could lose about $6-billion in little over a week. It is perhaps an even greater surprise that such a loss would have little knock-on effects on the hedge fund industry and the wider capital markets. This paper will focus on providing new inferences on the riskiness of Amaranth’s trading strategies.
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Register/Log in| Type : | Working paper |
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| Date : | 11/06/2006 |
| Keywords : |
Alternative Investments |
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