Reuters – Embattled Swiss-based hedge funds manager Arsago Capital Management has set its sights on investment in Latin America after losing 80 percent of its assets and key staff in the wake of the credit crisis.
Once regarded as a “rainmaker” among Zurich hedge fund companies, Arsago’s assets slumped following the Lehman collapse and its aftershock, with at least three trading teams leaving in the last two years, sources with knowledge of the company said.
