UK hedge fund braces for massive redemptions amid valuation troubles

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LDFM fund closure

UK hedge fund braces for massive redemptions amid valuation troubles

30 Nov 2008

London Diversified Fund Management, one of the UK’s most renowned fixed-income managers, on Friday froze both its hedge funds as the trading environment in the derivatives markets resulted in pricing difficulties ahead of redemptions.

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Article tags:

Asset Management | Atlas Capital | Bank of New York Mellon | Hedge Funds | London Diversified Fund Management