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Amaranth Advisors Loses Five Employees From London Office

It has been reported that five staff from the hedge fund Amaranth Advisors left its London office last month, reducing its team to 21 personnel. Almost two thirds of its employees worldwide are preparing to be made redundant. Last month

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It has been reported that five staff from the hedge fund Amaranth Advisors left its London office last month, reducing its team to 21 personnel. Almost two-thirds of its employees worldwide are preparing to be made redundant.

Last month the hedge fund lost USD6 billion (€4.7 billion) on natural gas trades, and is to reduce its head count from 420 to 250.

The five staff that left the London office are: Hai Chen, Ulf Ek, Tuomo Huolman, Harry Sardanis and James Scully.

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