Sic Transit Gloria Mundi ~ Thus passes the glory of the world
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World's One-Time Largest FX Hedge Fund On Verge Of Shutdown
There is a reason why John Taylor of FX Concepts, founded in 1981 and which once upon a time was the world's largest FX hedge fund, has kept a very quiet profile lately despite his often bombastic prognostications in 2011 and 2012: the firm may be on the verge of shut down following a recent surge in redemptions resulting from woeful performance in the past three years. FX Week reports that AUM at FX Concepts "have continued to fall and the fund's chief strategist confirms the board's ideas haven't worked so far." It adds that the hedge fund is in "dangerous territory after the departure of several major clients ... (full story)
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- Oct 7, 2013 12:10pm Oct 7, 2013 12:10pm
- aerotrade
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- MikeySym
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- Spreadbetter
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"The meek shall inherit the earth.." Yeah right, good luck with that shit..
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- nAVIN2007
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- forexsaint
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100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
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- Intrepidpips
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Let it turn and find your entry.
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- Spreadbetter
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"The meek shall inherit the earth.." Yeah right, good luck with that shit..
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- FrankS
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