Hong Kong's securities and Futures Commission is investigating allegations that Carl Huttenlocher and others who worked with him at Jonkoping, incorrectly valued illiquid assets during the 2008 financial crisis, and afterwards, according to an article in the Wall Street Journal.
Huttenlochers new Hong Kong s.a.r.-based hedge fund company, Myriad asset management, was scheduled to start trading on Sept. 1 with 300 million dollars in assets.
Huttenlocher managed a $ 1.4 billion Asian Fund for Ramsey, owned by JP Morgan Chase, until he left the company in March last year.
Go to the Wall Street Journal article
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