Friday, September 22, 2023
Courthouse News Service
Friday, September 22, 2023 | Back issues
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Getty endowment woes

MANHATTAN — In the market volatility of the early pandemic, the J. Paul Getty Trust claims in a federal complaint that it lost about $71 million from the massive endowment it uses to fund artistic endeavors because Allianz Global Investors abandoned the hedging strategy that was supposed to protect the funds it managed.

Read the complaint.

Categories / Arts, Briefs, Financial, Securities

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