DKR Nexus fund to shut following poor returns

Wed Jun 1, 2005



The managers of the Bermuda-based DKR Nexus fund, a macro strategy run by industry veteran Darren Davy, have notified investors they are closing the fund and plan to give back most of their capital by the end of May.

The announcement followed a spate of redemptions and a lengthy stretch of losses for Nexus, which has...

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