SAN FRANCISCO (MarketWatch) — Basis Capital, a firm with more than $2 billion in assets that was named Australian hedge fund of the year in 2006, has become the latest to be hit by turmoil in the subprime mortgage market.
» Basis fund misses margin calls, research firm says; Well-regarded Australian firm latest to be hit by subprime mortgage turmoil– Market Watch, 19th Jul 2007