Friday, June 13, 2008

Short post today: Barclays and fraudulent hedge funds

This is just a short post - to tie in some loose ends I have.

I wrote yesterday about Barclays Global Capital.

I have written twice about a fraudulent hedge fund (New World Capital management) - see here and here.

Barclays has developed quite a business marketing hedge funds. They compile a ranking of hedge funds. Here is the current ranking of their currency funds.

Now here is my sting: at one stage New World Capital Mangagement was ranked Number One on Barclays Hedge fund rankings.

1 comment:

John Hempton said...

Sign up for Barclays Hedge and you go through the usual disclaimer stuff.

Here is the disclaimer you click to. Enough?

No Recommendations or Investment Advice. Barclay Group does not provide investment advice or recommendations about investments of any kind. The information on this Site is intended for educational, informational, and research purposes only. Accordingly, Barclay Group and its licensors who license information to Barclay Group ("Information Providers") do not offer advice regarding the quality or suitability of any investment or of any investment manager and assume no responsibility or liability for any investment decisions or advice, treatment, or services rendered by any institutional investor, expert panelist, broker-dealer, investment manager, investment professional, or any other person featured on this Site. Prior to making any investment or to hiring any investment manager, User should consult with its financial advisors to verify pricing and other information and/or do such other due diligence as may be appropriate under the circumstances. Barclay Group and its Information Providers shall not have any liability for investment decisions based upon, or the results obtained from, the content provided on the Site."

General disclaimer

The content contained in this blog represents the opinions of Mr. Hempton. Mr. Hempton may hold either long or short positions in securities of various companies discussed in the blog based upon Mr. Hempton's recommendations. The commentary in this blog in no way constitutes a solicitation of business or investment advice. In fact, it should not be relied upon in making investment decisions, ever. It is intended solely for the entertainment of the reader, and the author.  In particular this blog is not directed for investment purposes at US Persons.