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Alternative Market Briefing

Aurelia Finance another Swiss victim, put 70% of `prudent fund` AUM with Madoff
Monday, January 05, 2009

From the Opalesque Team: Swiss daily newspaper Le Temps reported last week that Geneva-based fund management group Aurelia Finance was another Madoff victim. The group manages CHF1.7bln (US$1.57bln) in around 10 funds (arbitrage and equity hedge funds, equity funds, a bond fund and a gold fund).

One of the arbitrage funds, the Hermes World fund, which manages CHF......................

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