A regulator's take on Amaranth
Alexa Lam of the SFC reflects on the collapse of Amaranth and other issues in the local hedge-fund industry.
Alexa Lam, executive director at Hong Kong's Securities and Futures Commission, sat down with AsianInvestor to discuss lessons from the collapse of Amaranth and other issues in the hedge-fund industry.
AsianInvestor The collapse of Amaranth what are your thoughts
Alexa Lam It is a recipe that repeats itself every few years a young, aggressive trader with one-way bets. Having said that, this is in some ways a refreshing case. After LTCM collapsed everyone worried that the next similar...
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