RECHERCHE ET PUBLICATIONS

Inferences about the Amaranth Case and the Emerging Maturity of the Hedge Fund Industry

The Amaranth case is surprising in many ways. It is definitely a surprise that a well-respected multi-strategy hedge fund could lose about $6-billion in little over a week. It is perhaps an even greater surprise that such a loss would have little knock-on effects on the hedge fund industry and the wider capital markets.

Auteur(s) :

Hilary Till

Research Associate, EDHEC-Risk InstitutePrincipal, Premia Capital Management, LLC

On October 2nd, the EDHEC Risk and Asset Management Research Centre (EDHEC-Risk) released a report on the early lessons from the Amaranth debacle. This column will summarize this report. Given that there are no new material facts on this case as of the end of November 2006, this column will focus on providing new inferences on the riskiness of Amaranth’s trading strategies. Because we have the benefit of observing the past two months of  stability in the hedge fund industry, we can draw new conclusions about the emerging maturity of the industry.

Type : Working paper
Date : le 06/11/2006
Pôle de recherche Finance

A voir également

Pré-Master de l’EDHEC : entre bilan et nouveautés
Actualités
- 23-06-2022
En 2021, l’année de Pré-Master avait été marquée par de nouvelles évolutions. Hager...
L’EDHEC Global MBA 2e en France, selon le classement The Economist 2022
Actualités
- 22-06-2022
En 2022, The Economist distingue à nouveau l’EDHEC Global MBA en le classant 2e...
La filière droit de l’EDHEC ouvre les portes des plus grands cabinets d’avocats
Actualités
- 22-06-2022
Diplômé de la filière Business Law & Management de l‘EDHEC en 2020, Baptiste...
Le gagnant du Student Dataviz Challenge 2022 est Qiaolong LIN
Actualités
- 21-06-2022
La finale du Student Dataviz Challenge 2022 s’est déroulée à l’EDHEC sur le campus de...