Amaranth Advisors - Wikipedia, the free encyclopedia
Amaranth Advisors LLC was an American investment adviser managing multistrategy hedge funds with approximately US$9 billion in assets. In September 2006, it collapsed after losing roughly US$6 billio...
en.wikipedia.org/wiki/Amaranth_Advisors
Sep 19, 2006 ... Amaranth Advisors' trading floor in Greenwich, Conn. The hedge fund said that it had lost more than $3 billion in the downturn in natural ...
www.nytimes.com/2006/09/19/business/19hedge.html www.nytimes.com/2006/09/19/business/19hedge.html
But this week, when the Greenwich, Conn.-based hedge fund Amaranth Advisors LLC announced that it had suffered losses just as big as LTCM's, markets shrugged. There were no summit meetings at the New York Fed. J.P. Morgan & Co.
www.washingtonpost.com/wp-dyn/content/article/2006/09/1... www.washingtonpost.com/wp-dyn/content/article/2006/09/19/AR2006091901388.html
Presented without comment is the latest investor letter from hedge fund Amaranth. If you're unfamiliar with this fund, they had previously managed up to $9 billion until they essentially collapsed back in 2006 after a natural gas trading fiasco.
www.marketfolly.com/2009/07/amaranth-hedge-fund-investo... www.marketfolly.com/2009/07/amaranth-hedge-fund-investor-letter.html
Never is a hedge fund more dangerous than when it’s making big money. That’s when the hubris kicks in. That’s when mistakes get made. ... First, there are the hedge-fund clients themselves—pension managers like those of 3M and the San Diego County pension plan—who have rushed headlong into these funds. ... After Amaranth...
nymag.com/news/businessfinance/bottomline/21978/
U.S. Commodity Futures Trading Commission Charges Hedge Fund Amaranth and its Former Head Energy Trader, Brian Hunter, with Attempted Manipulation of the Price of Natural Gas Futures...
www.cftc.gov/newsroom/enforcementpressreleases/2008/pr5... www.cftc.gov/newsroom/enforcementpressreleases/2008/pr5502-08.html
Free Online Library: Stock Research - Amaranth Hedge Fund Collapse ? What Happens when Your Friendly Banker Becomes ? Predator by "Finance and Investment community"; ... As a hedge fund, Amaranth uses leverage when it trades against its equity, usually borrowing about 6 to 1, and sometimes as high as 8 to 1. JP Morgan as...
www.thefreelibrary.com/Stock+Research+-+Amaranth+Hedge+... www.thefreelibrary.com/Stock+Research+-+Amaranth+Hedge+Fund+Collapse+%3F+What+Happens+when+...-a01073806921
How in the world did hedge fund Amaranth Advisors manage to lose $6 billion in September on natural gas trading? ... Well, that's a relief-- whatever Amaranth did to lose $6 billion, it wasn't by incorporating Econbrowser advice into standard hedge fund strategy. But what was it doing instead?
www.econbrowser.com/archives/2006/09/amaranth_hedge.htm... www.econbrowser.com/archives/2006/09/amaranth_hedge.html
3M Co., Goldman Sachs Group Inc. ... and San Diego County's retirement fund say the meltdown of Amaranth Advisors LLC, the hedge-fund manager that lost about $4.6 billion in the past month, may cost them millions.
www.bloomberg.com/apps/news?pid=20601087&sid=aOvmPEFXPi... www.bloomberg.com/apps/news?pid=20601087&sid=aOvmPEFXPizs&refer=home
Amaranth's assets tumbled by some 50% this month after its energy-trading desk lost $5 billion in about a week on natural-gas bets. The Connecticut hedge fund said it was liquidating its natural-gas exposure. ... His losses savaged returns for Amaranth, dragging ...
online.wsj.com/article/SB115861715980366723.html