Retail hedge fund capped

Jun 17, 2003

JF Funds will be closing its retail hedge fund at $100 million.

JF Funds has announced that its hedge fund, the JF Asia Absolute Return Fund, will close to new subscriptions at the end of June. The fund is nearing what the managers believe to be its capacity in the current markets, $100 million. At the end of May, the fund stood at $87 million and is currently about $90 million.

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