Abacus Shuts Down Hedge Fund, Shelves Quant Strategy

Dec 6 2006 | 5:27pm ET

Westport, Connecticut-based Abacus Asset Management recently pulled the plug on its Abacus Small Cap Growth Fund, a long/short equity small-cap vehicle, because of lack of investor demand. The firm’s Abacus Quantitative Strategy, which can be used as a long-only equity strategy or as a risk-neutral strategy when combined with short positions, has also been shelved.


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