F&C ASSET Management is launching a listed fund of hedge funds. The F&C Event Driven Fund will be listed in London in the second quarter of 2007. The fund already has capital commitments of £85m, said a spokesman.
The new closed-end investment company will have an underlying portfolio of between 20 and 40 hedge funds selected and monitored by F&C’s dedicated fund of hedge fund business, F&C Partners. The fun...
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