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Hedgetalk
by Alex Akesson on September 13, 2007

BlueCrest Capital Management, with almost $12 billion of assets under management at the end of June, last week told investors it was shutting an equity fund after a period of unacceptable performance.
The fund recorded losses of 8.2% for the first eight months of the year, including a 5.4% loss in August, according to a spokesman for the firm who said market conditions were "bizarre."
Permalink: UK Hedge Fund Giant Closes Fund
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/91452
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