Posted AT 6:20 AM EST on 24/01/08
Smiles disappearing in hedge fund land
You think you've got bad timing with your investments? Spare a thought, and maybe a prayer, for hedge fund manager Jim Allan.Back in the rosy hope of summer, which feels like a hundred years ago, Mr. Allan invited friends and business acquaintances to a party. The scene was the Rosedale Golf Club in Toronto and the occasion was a birthday: His firm, Roundtable Capital, was one year old. Paul Beeston, who once ran the Toronto Blue Jays, was there.
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