Even after the end of the deadline for redemption, investors of the Osian Art Fund continue to await full redemption. Unit-holders have received another note from Osian officials stating that the remaining amount would be paid to them in two instalments.
According to Naissance Capital, a socially-responsible Swiss hedge fund women help prevent the ‘The Julius Caesar Problem’ whereby an ‘Alpha Male CEO’ ‘bends the rules, cheats if necessary' and 'eventually causes the company's destruction.’ They even claim that gender diversity ‘can guard against six sigma events, ie AIG, Lehman.’
Mexico has spent $1.172 billion to buy oil hedges for 2010, protecting itself in case prices collapse. According to the finance ministry Mexico purchased put options that give it the option, not the obligation, to sell its oil for $57 a barrel next year.