Short post today: Barclays and fraudulent hedge funds
This is just a short post - to tie in some loose ends I have.
I wrote yesterday about Barclays Global Capital.
I have written twice about a fraudulent hedge fund (New World Capital management) - see here and here.
Barclays has developed quite a business marketing hedge funds. They compile a ranking of hedge funds. Here is the current ranking of their currency funds.
Now here is my sting: at one stage New World Capital Mangagement was ranked Number One on Barclays Hedge fund rankings.