UBP rescinds Millennium redemption request

Fri May 1, 2009

Millennium Partners, which was hit with $5 billion in redemption requests between the end of last year and the first quarter of 2009, has managed to get about 20% of that rescinded.

Israel Englander

After it got caught up in the Madoff scandal, Switzerland's Union Bancaire Privée said it would invest only in funds with independent administrators,...


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