Capital Group One Launches $610 Million Hedge Fund

Capital Group One has launched its second Euro hedge fund with US$610 million in assets.

The London-based firm returned to the market with the second fund five years after the launch of the first. Capital Group called the first fund a "massive success" and said that "certain high level investors in Capital Group One" have invested in the new fund.

Capital One said the new fund would profit from bailouts in the European Union.