H2O AM to reopen suspended funds

Seven funds to reopen 13 October

H2O Asset Management is set to lift the temporary suspension from seven funds on 13 October, more than a fortnight later than anticipated.

The seven funds - H2O Adagio, H2O Moderato, H2O MultiBonds, H2O Allegro, H2O Vivace, H2O MultiStrategies and H2O MultiEquities - were originally suspended on 28 August following the French regulator's request for Allegro, MultiBonds and MultStrategies to be suspended due to "significant exposure" to private securities. H2O AM suspends funds at French regulator's request Of its own volition, H2O extended the suspension to five other funds and said it expected the suspensions to last "around four weeks" while it created side pockets for the seven UCITS funds to hold the private securiti...