Archive for January 8th, 2009
Madoff debacle may pressure Fund of Funds concept part 3
8 January 2009Although three Canadian families may have lost sizable sums to the alleged Madoff ponzi scheme, there is at least one good story about the benefits of doing your own due diligence.
The investment team at one large Toronto institutional investor was asked if it would take a meeting regarding putting capital into the Madoff Fund. [...]