Hints and tips:
...Invesco European Growth managed by Rory Powe, for example, grew to £3bn during the tech boom but then struggled to sell off its holdings when the bubble burst....
...TCI’s wrangles with J-Powe, though, were to prove equally – if not more – challenging....
...Several hedge funds have been forced to shut down this year because of redemptions, including the flagship funds of Drake Capital, Ospraie Management and, last week, MKM Longboat and Powe Capital....
...Modulus Europe, a €900m ($1.3bn) equity hedge fund run by Rory Powe’s Powe Capital Management, fell slightly last week to worsen an already bad month, with a drop of 10.9 per cent so far....
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