26.02.2010 - Schroders stops taking new clients for three commodity funds
From Businessweek.com: Schroders Plc, the U.K.’s second- largest publicly traded money manager, stopped taking new clients for three of its four long-only commodity funds to limit overall assets to $10 billion. The three funds are the Luxembourg-domiciled Schroder Alternative Solutions Commodity Fund, its U.S. equivalent and SAS Agriculture, Robert Howell, London-based head of commodities, said today by phone. Their combined assets have risen 60 percent to $9.8 billion since the end of 2007, he said........................................Full Article: Source
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