Abbey National has launched the first of its three hedge fund vehicles, with which it hopes to rais...
Abbey National has launched the first of its three hedge fund vehicles, with which it hopes to raise an estimated $2.5bn from investors, writes Robert Maharajh. The first launch, issued by subsidiary company Talorcan, is Equity Pairs Plus, which will combine mainly pan-European market neutral equity pairs with an actively managed long- premium option portfolio. It will be run by Claire Bowman, formerly part of the Abbey National Asset Management team. The next launches in the series will be the Talorcan Forex fund, in which manager Adrian Cunningham will establish positions in curr...
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