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Drake quits its Global Opportunities fund and announces new fund: Update

Report: Systematic Strategies

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The FT reported today that the Drake Management quit its $2.5bn flagship hedge fund after it could not get enough support from investors. Its global macro approach had been one of the best performing funds in 2005 and 2006 and had managed $13bn

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HedgeNordic Editorial Team
HedgeNordic Editorial Team
This article was written, or published, by the HedgeNordic editorial team.

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