Firm filed intention to appoint administrator
QE’s tide beginning to ebb
Fund buyers are increasing their exposure to absolute return equity funds to take advantage of sharp falls by companies which miss earnings estimates.
Luxembourg-based Julius Baer Absolute Return Europe Equity Fund, has launched a sterling share class.
Cayman-based Melchior European Fund from Dalton Strategic Partnership (DSP) has closed to new and exiting investors following a period of strong inflows.
GLG's European Alpha Alternative UCITS fund, which is part of the Man Group, is closed to new investment after reach $1bn.