Amaranth losses puts risk management in the spotlight

After unprecedented losses on the natural gas market - $560 million on September 14 alone - Amaranth announced its multi-strategy funds had declined approximately 65% month to date, and approximately 55% year to date.

Amaranth's multi-strategy fund isn't the first casualty of the natural gas markets. Energy hedge fund MotherRock, which had assets under management of $430 million at its peak, incurred fatal losses on its natural gas positions in August.

However, many analysts believe that it wa

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: