Fund collapse highlights instability AFP, NEW YORK The collapse of the Archegos Capital Management LLC fund last month is only the most recent example of how extreme liquidity can make financial markets more volatile and sometimes lead to bizarre outcomes. Another dramatic instance came in late January, when shares of GameStop Corp skyrocketed following a buying frenzy coordinated by retail investors eager to defend the video game retailer from funds betting against it. Shares of GameStop have since retreated, but the episode shined an uncomfortable light on online trading platforms and speculative investment funds involved in the financial melee. The logo outside 888 7th Ave., a building that reportedly houses Archegos Capital, is pictured in the Manhattan borough of New York City on Monday last week.