When it bleeds, it leads...

Wed Apr 30, 2008

By Michelle Celarier

As Absolute Return was going to press, the bodies continued to pile up, and the wounded were many. In this issue, you'll find that credit shop Arx Investment is shutting down after posting a mere 3% loss this year, and that highflier Passport Capital - which was up 220% in 2007 and won our coveted Fund of the Year Award - is down 10% for the year through March. Meanwhile, Clinton Group, with a roughly 40% drawdown this year, is on life support.

Yes, the news...

ISSN: 2151-1845 / CDC10004H


The full contents of this article are available to active AR subscribers and trialists only.

To continue reading please,
take a free trialsubscribe or log in to AR.


Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.

Subscribe now

Popular Searches on HFI