Jemmco to Close Flagship Fund

Fri Jul 23, 2004

New York-based multi-strategy hedge fund Jemmco is winding down its flagship fund and returning capital to investors at the end of the third quarter of this year.

The fund became linked to the mutual fund market timing scandal last week, when the Securities and Exchange Commission named it as one of seven funds that Prudential Securities allowed to make rapid...

ISSN: 2151-1845 / CDC10004H

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