Tag Archives: steep losses


Fund managers eye hedge fund stress tests

Reuters – Fund managers need to stress-test worst-case scenarios more rigorously before investing in hedge funds, industry participants at a hedge fund conference said on Thursday. Many existing stress tests, used to gauge how funds will perform in extreme market […]

Gendell’s Tontine Partners Raises Money For New Hedge Fund

Nasdaq.com – Jeffrey Gendell of Tontine Partners LP, who is closing two of his hedge funds after steep losses, has raised money for his new Tontine Total Return Fund, according to regulatory filings. The Tontine Total Return fund, which Gendell […]

State of Oregon Sues OppenheimerFunds

New York Times Blogs – Officials in Oregon are seeking $36.2 million in damages from OppenheimerFunds, which managed an account responsible for steep losses in the state’s college savings plan. Officials said in a statement on Monday that risky “hedge-fund […]

Oregon sues financial company over losses in college savings plan

Montgomery Advertiser – State offi­cials are seeking $36.2 million in damages from Oppenheimer­Funds Inc., which managed a fund responsible for steep losses in the Oregon College Savings Plan. Officials said in a statement Monday that risky, "hedge-fund like" investments cost […]

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