MOSERS to get money back from beleaguered hedge fund

Multibillion-dollar hedge fund Visium Asset Management plans to sell and liquidate its funds after facing insider trading charges.

Visium plans to sell one of its funds and return the money from its remaining three funds to investors, including the Missouri State Employees’ Retirement System, or MOSERS, the New York Times reports.

Criminal and civil securities charges have been filed against three traders at Visium, including charges of insider trading and mismarking securities.

Read more: St. Louis Business Journal


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