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Cantab to shut UCITS fund after restrictions on commodity bets

Posted on 08 May 2013

Cantab Capital Partners LLP, the $5.5 billion hedge-fund firm led by former Goldman Sachs Group Inc. (GS) quantitative traders, will shut a pool that is regulated like mutual funds because of restrictions on commodity investments.
Investors in the CCP Quantitative UCITS fund, which has more than $320 million in assets under management, will be given the option of redeeming their money or moving to the firm’s hedge funds, Cambridge, England-based Cantab said in a statement today. The UCITS fund will be closed at the end of June………………………………………..Full Article: Source


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