GoldenTree returns $1.2 billion to investors

Thu Mar 10, 2005

New York-based GoldenTree Asset Management is retuning $1.2 billion to investors as the firm exits from the long-only separate account business. The firm's investment chief, Steven Tananbaum, said the decision was linked to a market environment in which a sustained lack of volatility has hurt opportunities for adding alpha for such...


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