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Hedge Fund’s ‘secret Weapon’ A Lie, Court Told | Queensland Times
A FORMER hedge fund staffer believes a miracle computer program credited for spectacular investment returns for high-profile sports stars never existed, and "it looks like it was just a total lie", a court has heard. Jack Bow, from Kingscliff, told a four-day liquidators' examination hearing into an alleged Ponzi scheme in the Federal Court yesterday he believed a computer program fund founder Ken Grace had boasted scraped the internet to find the best investment returns, now appeared to not exist. Full investment news article
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Urgent steps needed to revive South Africa’s economy; Baxter discusses mining industry's electricity self-generation plan; and, Minerals Council South Africa lobbying strongly for junior miners. Full investment news article