James carthewOn 2008

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This looks set to be an interesting year for the investment company sector. Already we have a new b...

This looks set to be an interesting year for the investment company sector. Already we have a new broker covering the sector as a team from Winterflood have defected to Numis, and there are rumours of other firms trying to recruit. Presumably, there is still some optimism that new funds can be launched in this environment. There definitely still seems to be demand for alternative assets. In the fund of hedge fund area, Cazenove is working on a £100m C-share for Absolute Return Trust. Fairfax is planning to launch a new fund for Laxey to invest in distressed European property compani...

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