The embattled hedge fund group run by Arpad “Arki” Busson has given up its mutual fund licence in Switzerland and ... no longer be regulated as such by the Swiss regulator Finma”. It also disclosed it ...
Glinty-eyed Swiss boulevardier Arki Busson's hedge fund is in deep schtuck. Lumx has filed losses of $4.5 million for the period toward the end of June, putting it $37 million down over the past three ...