Thursday, February 26, 2009

Highbridge Assets Fell 32% Last Year

The house of Dubin and Swieca doubles as one of cards as well. Great investment by JPM also.

From Bloomberg:

Feb. 26 (Bloomberg) -- JPMorgan Chase & Co., the second-biggest U.S. bank, said its Highbridge multi-strategy hedge fund’s assets declined 32 percent in 2008.

The fund lost 27 percent last year, James Staley, head of JPMorgan’s investment unit, said at an investor day conference today in New York. Sphere: Related Content
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