Posts Tagged ‘Municipal Bond’

Leveraged Municipal Arbitrage Funds Under Investigation

Aidikoff, Uhl & Bakhtiari announced today that it is investigating potential claims on behalf of investors who invested in the following municipal arbitrage funds:1861 Capital ManagementCitigroup’s Mat and ASTA FundsAravali FundBlue River Asset ManagemenGEM Capital Havell Capital Enhanced Municipal Income FundRockwater Hedge Fund, LLCStone and Youngberg Municipal Advantage Fund TW Tax Advantaged FundAidikoff, Uhl & Bakhtiari represents high net worth investors who sustained losses in leveraged municipal bond arbitrage hedge funds sold by brokerage firms and banks across the country.The municipal bond arbitrage strategy employed by these funds was risky and exposed investors principal losses. For more information please visit our website or contact an attorney.

Aravali Fund Losses

The Aravali Fund was recommended by Deutsche Bank and other brokerage firms to income oriented investors who also sought to preserve their capital. Deutsche Bank told it’s clients that the Aravali Fund was a safe investment that bought investment grade or highly rated municipal bonds and acted as a municipal bond replacement fund.

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