Amaranth retains Fortress Investment as sub-advisor
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Hedge fund Amaranth Advisors LLC said on Sunday it retained Fortress Investment Group LLC, a New York-based $24 billion alternative asset manager, as a sub-advisor to the Amaranth funds.
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A Senate subcommittee is expected to issue a report on how the hedge fund Amaranth Advisors dominated the North American natural gas market last year.
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The Mangalore Refineries and Petrochemicals Ltd (MRPL) proposed to invest Rs 1,300 crore over a period of time in improving plant and upgrading products, Oil and Natural Gas Corp Ltd (ONGC) Chairman Subir Raha said today.
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The complex lesson learned from Amaranth Advisors is that risk management can look good, sound good and still be dangerously weak.
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Movado keeps moving, to the benefit of shareholders.
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Tenfold investment in infrastructure improvements will help fight off attacks such as occurred this week.
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By Srisamorn Phoosuphanusorn, Bangkok Post, Thailand  Jun. 12--Samart Corporation is looking to diversify into broadcasting and  venture-capital investments in another effort to reduce its heavy reliance on  telecommunications businesses.
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Xstrata remained in focus on Wednesday amid rumours that the acquisitive mining group was weighing a move for Lionore Mining, a Canadian nickel producer valued at &pound;1.5bn.
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The bond firm plans to tackle riskier investments.
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Recently announced Tailor Made Fish Farms, (PINKSHEETS: TQWW)  has entered into negotiations with MahaCapital LTD in regards to  reducing capitalization costs by 50%.  In a closed press conference today with InvestSource Communications, Inc.
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We don't print obituaries before our subject has been officially declared dead. But I'd like to make an exception for Amaranth, the hedge fund that became famous last week for losing $6 billion of its investors' money almost overnight by betting wrong on natural gas prices. Amaranth hasn't formally...
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The company is reasonably certain that it can maintain previously issued earnings guidance.
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Sometimes it pays to invest where others won't.
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Good diversification will keep this company sailing smoothly.
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The founder of Amaranth Advisors told investors tonight that withdrawals would be frozen while the fund sells off assets.
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Amaranth Advisors LLC, the hedge fund firm that stumbled over massive wrong bets on natural gas futures, said late Wednesday that its losses had climbed to more than $6 billion, or 65 percent of the assets it claimed at the end of August.
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By Zhao Huanxin  Overseas investment is welcome in the water sector, which will be opened up further, Vice-Premier Zeng Peiyan said yesterday.