Pharos’ Russia Funds Struggle In Tough Economic Markets

Dec 29 2008 | 12:01am ET

Hedge fund firm Pharos Financial Group has had a rough go at it this year. The firm’s Russia Fund, Gas Investment Fund and Small Cap Fund are down 36.2%, 35.1% and 51.8%, respectively, through November.

The good new is that compared to one index, the funds aren’t doing too badly. The MSCI Russia Index is down 72.4% over the same period. 


In Depth

Q&A: Symphony Financial's Baran Talks Investing In Japan

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Feb 2 2012 | 2:37am ET

Claren Road Asset Management co-founder Sean Fahey isn't doing much to endear...

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Feb 2 2012 | 6:15am ET

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Publisher's Note

    Occupy GAIM Fizzles

    Jan 23 2012 | 11:26am ET

    South Florida’s version of Occupy Wall Street—Occupy Palm Beach Country—is staging what I’ve been told is a less-than-impressive protest outside the GAIM conference site. Read more…