MacKay Shields shutters credit fund

Fri May 26, 2006

MacKay Shields has shut down the $1 billion MacKay Shields Long/Short strategy following the departure earlier this year of Don Morgan, chief portfolio manager and head of the firm's $18 billion high-yield group. Morgan is thought to be considering the launch of his own hedge fund. Neal Goldman,...

ISSN: 2151-1845 / CDC10004H

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