Amaranth founder plans comeback

The founder of collapsed US hedge fund manager Amaranth Advisors is hoping to start a new business despite recording the biggest losses in hedge fund history.

Nick Maounis, Amaranth's chief executive, is considering the launch of a new firm with some of his Amaranth colleagues, The Wall Street Journal reports.

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The Worst Performer in Billionaires’ Portfolios? Trophy Art.External link

The Worst Performer in Billionaires’ Portfolios? Trophy Art.