Threadneedle Preps Global 130/30 Fund

Jun 16 2008 | 2:00am ET

London-based asset manager Threadneedle is readying a 130/30 fund for launch next month.

The US$125 billion firm’s new 130/30 offering will invest in global markets. It comes on the heels of a U.S. 130/30 fund launched last year.

Last month, the firm opened a Hong Kong office. In April, Threadneedle announced plans for a new commodities hedge fund.

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