Dalton Strategic Partnership has soft closed its European absolute return UCITS fund following a period of strong inflows.
The soft closure of the European equity long/short fund will take effect from today (6 June 2011), after which only existing investors will be able to continue to subscribe to the fund.
Melchior fund manager Leonard Charlton
The Melchior Selected Trust: European Absolute Return Fund, which is run by Leonard Charlton, was launched in February 2010. Since then it has delivered a return of 11.44%, in euro terms, with modest volatility and a low correlation to equities.