Money managers under the microscope
Hedge fund stories from the past 24 hours from Reuters and elsewhere:
Fund manager pleads guilty in Ponzi case – Chicago Tribune
Frontier backs synthetic over single hedge funds – FTAdviser
The latest update on the health of convicted fraudster Bernard Madoff, from the Federal Bureau of Prisons, is that Madoff is NOT dying of cancer.
A spokeswoman said in a written statement: “Bernie Madoff is not terminally ill, and has not been diagnosed with cancer”, although the bureau didn’t deal with every point raised in the New York Post story.