SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: MoneyPenny who wrote (5393)3/8/2006 9:21:44 AM
From: Peter Dierks  Respond to of 71588
 
It sounds like you have been on top of this. If my understanding is correct, the fund started out legal but quickly outgrew the market. Based on the volatility, I assume it is being used by people who would otherwise be in the small hedge market themselves.

Pimco found a work around, and the IRS found their work around strategy to be non compliant.