Friday, 4 September 2015
Last updated 11 hours ago
Aug 11 2010 | 11:40am ET
Apollo Management has shut its metals hedge fund, which launched just last year.
The London-based Apollo Metals Trading Fund was seeded with US$40 million last March. But the fund was faced with a difficult commodity market, and fund manager Mark Thompson left the firm last month, Bloomberg News reports.
The Apollo fund invested in industrial and precious metals, as well as mining stocks.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…