The Long and Short of It

Bizouati, Yaƫl
March 2007
Investment Management Weekly;3/12/2007, Vol. 20 Issue 10, p4
The article focuses on strategies taken by investment management firm ForstmannLeff. The author notes that a majority stake in the firm has been acquired by hedge fund Angelo, Gordon & Co. after the collapse of former owner, Refco. John Myers, ForstmannLeff chairman, claimed that the acquisition was opportunistic. Both firms considered the acquisition in the form of 130/30 strategies or hedge funds light. Myers suggested asset managers to engage in the 130/30 strategy.


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