German manager launches third absolute return fund

Thu Mar 31, 2011

Munich-based investment manager, Assenagon Credit Management, is launching its latest absolute return UCITS fund.

It is launching an unnamed capital structure arbitrage fund, expected to launch in June, with the aim of attracting €250 million ($354.7 million) of assets within six months. This is the third fund from Assenagon Credit Management.

Assenagon's Dr Jochen Felseneimer

All the funds use hedge fund strategies within the UCITS wrapper and are domiciled in Luxembourg.

Dr Jochen...

ISSN: 2151-1845 / CDC10004H

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