Drake taking in new investors - but on tougher terms

Thu Oct 21, 2004



Drake Management earlier this month notified its clients that it will selectively accept new investors in its flagship multi-strategy fixed-income fund for the first time in more than a year.

After netting 29% in 2003, the $1.6 billion Drake Absolute Return Fund is again performing well this year, racking up more than...

ISSN: 2151-1845 / CDC10004H

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