Goldman Sachs -Global Alpha fund in TROUBLE
Goldmans Alpha fund is causing rumbles around the finance sector.
New York Post started the fire yet again- reporting that Raymond Iwanoski and Mark Carhart are being pushed out. They are the guys that manage this fund for Goldman.
The fund is not performing well and is down a reported 30 percent this year. The bank denies this of course...or it could drop more as investors will want to leap...dive out.
There are no talks of bailout "opportunities" like the Global Equity Opportunities fund rescue yet. So not sure how bad it really is..
Hold tight...usually these are inside leaks and have a bit of merit. Waiting game at this point.