07.12.2015 - Schroders commodity fund fights for survival
A Schroders commodity fund that was once the largest of its kind in Europe has suffered substantial outflows from US investors on the back of the poor performance, raising questions about the fund’s survival. Large investors, including Ocers, the Californian pension scheme, have pulled money from the UK asset manager’s Schroder Alternative Solutions Commodity fund, which has suffered from the recent commodity market rout. The outflows have caused its assets to fall from $4.6bn at its peak in 2010, to $803m. The expectation is that further outflows are likely...............................................Full Article: Source
Print