Dresdner/Allianz in hedge fund deal

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UK/GERMANY - Dresdner RCM Global Investors has entered into a distribution agreement with Germany's Allianz Hedge Fund Partners (AllianzHFP) to offer hedge fund of funds to UK institutional investors.

Three open-end portfolios will be made available - a conservatively positioned arbitrage portfolio; a long/short equity which is more aggressive with a higher volatility than an arbitrage strategy...

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