Friday, 9 October 2015
Last updated 8 hours ago
Mar 17 2014 | 3:48am ET
Alken Asset Management is set to soft-close its Absolute Return Europe Fund.
The €2 billion fund will soft-close on March 19, Citywire Global reports. Current shareholders will have their investments limited to €500,000 per account per day.
The fund, managed by Nicolas Walewski, has recently enjoyed significant inflows. Alken soft-closed Walewski’s European small-cap fund last year.
“The team at Alken are committed to sustainable and controllable growth of our funds,” Alisdair Bell, Alken’s sales director, told Citywire. “This is for the protection of our investors as well as the performance of our funds.”
Oct 7 2015 | 4:57am ET
Charity A Leg To Stand On (ALTSO) will hold its 12th Annual Hedge Fund Rocktoberfest – NYC on October 15 and its 4th Annual Rocktoberfest - Chicago on October 22. Read more…