EIM Could Be On The Block

May 29 2012 | 1:22pm ET

In a sign of the troubles facing the fund of hedge funds industry, one of that space's most prominent players may be looking to sell.

Arpad Busson has had talks about selling his EIM to another asset manager as its assets fall and as investors wean themselves off of funds of funds. Busson reportedly wants to remain a part of EIM after a sale.


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