Dermot Keane's London-based Plexus Partners, which runs USD1.4bn, has lost 35 per cent of its assets under management due to ill-timed 'basis trade' bets ...
Juts had a look at their financials and it says they have 30 mil in the bank, anyone know why they had to do a raise then if that's the case, sorry as don't make sense to me ?