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Out From the Shadows

机译:走出阴影

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In Europe the recent innovation of listing individual hedge funds on stock exchanges suddenly doesn't look so promising. That's what Brevan Howard Asset Management discovered last month when the London Stock Exchange flotation of its Guernsey-registered closed-end investment company, BH Macro, got hit by volatile market conditions — even though that turmoil underscored the diversification benefit of the fund's fixed-income global macro trading strategy. London-based Brevan Howard raised only ?770 million ($1 billion), less than its initial goal of ?1 billion and roughly half of its maximum target of ?1.5 billion.
机译:在欧洲,最近将个人对冲基金在证券交易所上市的创新似乎并不那么有希望。这就是布雷文·霍华德资产管理公司(Brevan Howard Asset Management)上个月发现的,当时伦敦证券交易所对其在根西岛注册的封闭式投资公司BH Macro的发行受到市场波动的打击-尽管这场动荡突显出该基金固定收益的多元化收益全球宏观贸易策略。总部位于伦敦的布雷万·霍华德仅筹集了7.7亿欧元(10亿美元),低于其最初目标10亿欧元,约为其最高目标15亿欧元的一半。

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