Scrambling Amaranth sells gas portfolio

摘要

Washington-Amaranth Advisors sold its fund-busting natural gas trading portfolio to investment bank JPMorgan Chase and Chicago hedge fund Citadel Investment Group, the two investment banks confirmed September 20.Meanwhile, industry observers said the high-visibility implosion of Amaranth, a Connecticut-based hedge fund, is not likely to quell the desire of investors to play the highly volatile gas market.