Amaranth Advisors LLC was created in 2000 as a multi-strategy hedge fund with approximately $600 million in capital. It sought to employ a diverse group of arbitrage trading strategies particularly featuring convertible bonds‚ mergers and utilities. In 2002‚ Amaranth added energy commodity trading to its slate of strategies with JP Morgan Chase clearing Amaranth’s commodity trades. A multi-strategy fund runs several different strategies in-house that contribute to the total performance of the fund
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AMARANTH ADVISORS Inc. Balance Sheet June 30‚ 2006 ASSETS LIABILITIES Cash $22‚000 Accounts Payable $50‚000 Accounts Rec. 5‚000 Mortgage Payable 50‚000 Inventory 40‚000 Supplies 1‚000 Total Liabilities $100‚000 Land 10‚000 Buildings $120‚000 STOCKHOLDER EQUITY Acc. Depr
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Financial Advisor In order to make my personal branding plan I must have a vivid understanding of my personality. During this process of developing my personality‚ I instilled an everlasting work ethic and to insure my networking will grow. Once my work ethic establish my reputation and displayed my networking skills‚ people will eventually seek me out for knowledge‚ advice‚ and my expertise for further information involving financial advising. My reputation will help me grow not only as an individual
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Risk Governance - Group C Amaranth Advisors Q1. How significant were Amaranth´s positions in relation to the market? What were they hedging? Hunter is expected to have held up to 100‚000 contracts in a single month maturity while NYMEX in total had an average open interest of 71‚869 for each year with total average open interest for a single month across different years were at the maximum 138‚859 . This implies that Hunter held positions as big as the market and could have possibly traded via
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Amaranth was a hedge fund based out of Greenwich Connecticut started by Nicholas Maounis in 2000. At its peak‚ Amaranth had 9 billion dollars in assets and employed 115 employees. Amaranth began by trading convertible bonds and made a lot of profit through convertible arbitrage by simultaneously buying and selling convertible securities and common stock to capture gains from a difference in prices. Because convertible securities were often mispriced‚ this trade was very popular and as the rest of
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retailers. Amaranthus spinosus or simply‚ Amaranth is a very good source of vitamins including vitamin A‚ vitamin K‚ vitamin B6‚ vitamin C‚ riboflavin‚ and folate‚ and dietary minerals including calcium‚ iron‚ magnesium‚ phosphorus‚ potassium‚ zinc‚ copper‚ and manganese and Athyrium esculentum or simply Pako plant is a good source of calcium‚ phosphorus‚ iron and vitamin B. Because of its valuable nutrition‚ some farmers grow amaranth today. However their moderately high content of oxalic
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A. Background of the Study Amaranth (Amaranthus) or Pigweed popularly known as Kulitis or Uray here in the Philippines is a cosmopolitan genus of herbs that has been used for many years here and in other countries. Amaranth has significant nutritious content and can be used in many tasty recipes in place of wheat or other grains. Amaranth can grow up to seven feet tall (about 2.1 meters)‚ although most plants are five feet (about 1.5 meters) or less. Amaranth plants have broad leaves and
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Amaranth Advisors: Burning Six Billion In Thirty Days Introduction: In September‚ 2006‚ a large-sized hedge fund named Amaranth Advisors LLC lost $4.942 billion in natural gas futures trading and was forced to close their hedge fund. Although Amaranth Advisors was not exclusively an energy trading fund‚ the energy portion of their portfolio had slowly grown to represent 80% of the performance attribution of the fund. Their collapse was not entirely unforeseeable or unavoidable. Amaranth had amassed
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Onigemo (2003). Vol. 6. Studies on the effect of Amaranthus spinosus leaf extract on the Hematology of growing pigs. African Journal of Biomedical Research‚ 149-150. Plate‚ A.Y.A.‚ and J.A.G. Areas (2007). Cholesterol lowering effect of extruded amaranth (Amaranthus caudatus Lin.) in hypercholesterolemic rabbits. Food Chemistry‚ 76‚ 1-6. Quershi‚ S.J.‚ Khan‚ M.A.‚ M. Ahmed (2008). A survey of useful medicinal plants of Abbottabad‚ in Northern Pakistan. Trakia Journal of Science‚ Vol. 6 (4)‚ 39-51
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The crackdown by ASIC on rogue Financial Advisors over the past 15 years‚ has improved customer confidence when seeking advice regarding their retirement financial needs. Do you agree? The Australian Securities and Investment Commission (ASIC) are known to register businesses and organisations in order to manage and investment schemes. In today’s society they also make rules to ensure there is honesty in the financial markets. These schemes and rules have come into place over the past fifteen
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