2009-06-10 — telegraph.co.uk
`` Atticus’ strategy of taking large long positions in companies has backfired during the financial crisis.
Assets under management at Atticus fell from a peak of $20bn more than a year ago to just $6bn at the end of March, according investors. About 80pc of Atticus’s global fund’s assets were held in cash at the end of March, according to filings at the US Securities and Exchange Commission. ''
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