City Financial has suspended trading in its £180m Absolute Equity fund following a string of redemptions, Investment Week understands.
According to reports, Robert Hain, chief executive of the failing hedge fund firm said it was in shareholder's best interests to suspend dealing in the City Financial Absolute Equity fund. He said it...
Equities overweight down to 3%
Relates to 136 million transaction reports
Patience must be a watchword
MSCI has recently increased the Chinese A-share market's inclusion factor from 5% to 20%.
Change of objective