Peloton Game over

The collapse of Peloton will send a shiver down the spines of the global hedge fund industry. Not only is founder Ron Beller one of the more respected figures in the tight-knit London hedge fund community, but Peloton was one of the star performers of 2007. Its bold bet on US sub-prime mortgages earned it an 87% return last year and the coveted Credit Hedge Fund of the Year accolade at this year’s Eurohedge awards. If Peloton can blow up almost overnight, is anyone safe? For the most part, Pelo...