Morgan Hedge | Hedge Fund Database

Eden Rock fund drops further

Date: WED, AUG 19 2009
Topic: Funds & Investment

Reuters reports that Eden Rock Structured Finance has seen its value drop further in 2009, leaving some investors saying they are worried they may get back little of their money in the hedge fund, which is due to be wound up after losses last year.

Lack of foreign exchange hedging lead to a drop in the fund's value by up to 8.5 percent in July, according to preliminary company estimates seen by Reuters.





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