New York (HedgeCo.Net) – Based on the massive success of Capital Group One’s first Euro hedge fund launched in 2007, well before the current EU problems materialized, Capital Group One is launching a second one to balance the risk of further losses for the Euro and Euro backed securities.
Certain high level investors with Capital Group One have already taken significant positions in the fund. The companies’ lead fund management team is helming the new Euro hedge fund as well as the original.
This latest offer will enable the companies’ fund managers to provide shelter and relief from the hostile economic environment in the EU, which most analysts rate as a long term problem. The successful experience with the first fund provides a strong advantage, so expectations are very high for the second Euro hedge fund. To date, Euro hedge funds resulted in almost 32.2 percent of hedge fund investments within the company.
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