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A Pullout by Pensions Hammers a Hedge Fund.

Authors :
Strasburg, Jenny
Eder, Steve
Source :
Wall Street Journal - Eastern Edition. 7/6/2011, Vol. 258 Issue 4, pC1-C2. 2p.
Publication Year :
2011

Abstract

The article looks at FrontPoint Partners LLC, focusing on how the firm's insider-trading scandal has caused Michigan's state pension fund to pull its remaining $375 million in investments from FrontPoint's flagship hedge fund. Information on the FrontPoint insider-trading scandal is presented, noting that a French doctor was arrested for disclosing confidential information on drug trials.

Details

Language :
English
ISSN :
00999660
Volume :
258
Issue :
4
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
62227178