product launch
Threadneedle Investments has launched a third hedge fund in its Crescendo series ' a fixed income hedge portfolio run by the firm's head of fixed income, Robert Stirling. Cayman Islands-domiciled, Crescendo Credit joins the Crescendo UK and European-focused portfolios and will invest in fixed income securities and related derivatives in a combination of investment-grade, emerging market and high yield debt. The fund started with around $20m seed capital and offers both dollar and euro share classes. Dealing will take place monthly for the fund, which carries a minimum investment of $2...
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