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    New York Times: Fletcher Asset Management Fund Was Investigated

    2011/7/13 10:55:00 57

    New York Times Fletcher Asset Management Fund

    In the morning of Beijing time in July 13th, the New York Times's headline "Fletcher assets"

    Management fund

    Under investigation, the full text is summarized as follows:


    A SEC Fletcher has launched an investigation into Fletcher Asset Management, a person familiar with the matter said recently.


    It is reported that the Fletcher asset management fund is located in New York.

    hedge fund

    It is operated by Alphonse Fletcher Jr., a well-known Wall Street investor in Wall Street.

    Three public pension systems in Louisiana had publicly questioned the Fletcher asset management fund, and the securities and Exchange Commission launched an investigation into the Fletcher asset management fund.


    These three "public"

    Pension system

    On Tuesday, it said that after the Fletcher asset management fund failed to meet their requirements of "recovering funds from the fund earlier this year", they hired a group of experts to conduct a detailed examination of the financial records of the Fletcher asset management fund.

    In other words, the Fletcher Asset Management Fund says it currently manages assets of about $500 million.

    In 2008, it received about $100 million from Louisiana firefighters' pension system, municipal employees' pension system, and New Orleans firefighters' pension and relief system.


     
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