Join 924 investors who get actionable, evidenced-based wealth management insights delivered directly to their inbox.
Subscribe

The Shocking Admission of This Shuttered Hedge Fund Manager

It’s no longer surprising when hedge funds close their doors. According to a website that tracks hedge fund “implosions,” since late 2006, aptly-named The Hedge Fund Implode-O-Meter, at least 117 major funds at 71 fund families have shuttered.

The sponsoring fund families are some of the best-known in the business. They include Citigroup, Carlyle, Russell Investments and ING.

Nevertheless, the closing of Emrys Partners, a hedge fund launched just more than two years ago, has real significance for investors. Here’s some relevant background.

Read the rest of the article at US News.

 

We want to hear from you!

Montgomery

866.676.2701
info@jt-am.com
200 Commerce Street
Suite 300
Montgomery, AL 36104
Map

Dothan

334.793.7001
info@jt-am.com
304 Jamestown Boulevard
Dothan, AL 36301
Map

Receive Our Newsletter

Close