Posts Tagged ‘

k1

’

Sad twist in the K1 case

Posted by Neil Hume on Jul 05 15:13. Comment.

Remember K1, the mysterious German fund of hedge funds that left banks including Barclays, BNP Paribas and JP Morgan nursing some nasty losses?

Its founder was Helmut Kiener, a psychologist and creator of the “K1 fund allocation system,” More…

K1 founder claims ‘witch hunt’

Posted by Gwen Robinson on Nov 10 04:17. Comment.

Helmut Kiener, founder of the K1 hedge fund group, claims  Barclays and other investors have started “a witch hunt” against him to deflect attention from their own mistakes. In a written appeal for Kiener’s release from investigative custody, More…

K1 founder arrested as probe expands

Posted by Gwen Robinson on Oct 30 04:40. Comment.

The trans-Atlantic investigation into the K1 hedge fund group escalated on Thursday when its founder was arrested in Germany and US authorities revealed a money-laundering probe that is  reportedly connected with the European inquiry. More…

Barclays lost $220m in German hedge fund

Posted by Miles Johnson on Oct 29 15:49. Comment.

From Reuters on Thursday afternoon:RTRS-GERMAN ARREST WARRANT FOR K1 HEDGE FUND’S KIENER SAYS BARCLAYS PUT NEARLY $220 MLN INTO FUND, MOST OF WHICH APPEARS LOST

RTRS-ARREST WARRANT SAYS BNP PARIBAS  INVESTED AROUND $60 MLN WITH K1 BETWEEN APRIL 2007 AND JUNE 2008

FRANKFURT, More…

K1 founder faces fraud inquiry

Posted by Gwen Robinson on Oct 29 04:49. Comment.

German prosecutors revealed on Wednesday they are investigating possible fraud and breach of duty by Helmut Kiener, founder of a hedge fund group known as K1, reports the FT. The move came after Bloomberg had earlier reported that authorities in Europe and the US were investigating whether some banks had been deceived in dealings with K1, More…

The K1 asset allocation strategy

Posted by Sam Jones on Oct 28 12:43. Comment.

Go figure:
. . .
 
. . .Ah but wait, this looks more familiar:
. . .
 
UPDATE: 17:05
Any further questions about the K1 miracle funds can be answered by this highly comprehensive yet short explainer: More…