Hedge fund shuts after 98pc fall | SCMP
Submitted by loner on 25 January, 2003 - 7:44am
Japan's Eifuku Investment Management has liquidated its Tokyo-based hedge fund after it plunged 98 per cent in seven trading days, the fund's manager told investors.
Eifuku Master Fund, which had more than US$200 million in assets, lost money on Japanese stock trades between January 6 and 15, said John Koonmen, a former Lehman Brothers Holdings trader who ran the fund, in a letter to investors. more
What did I say then?
Innovative New Technique Proposed to Expense Employee Stock Option Grants | Financial Engineering News (7 years 43 weeks ago):
“Employee stock options differ substantially from traded options. Most expire within 90 days of t...
