Times Online -Sushil Wadhwani, the high-profile former Bank of England Monetary Policy Committee member and hedge fund manager, has closed his best-known fund, it emerged yesterday.
The closure came more than four years after the Keynes fund was one of Europe’s biggest hedge fund start-ups.
In January 2004 as much as $1 billion (£500 million) was thought to be invested with the Keynes fund and its sister fund, the Keynes Leveraged fund.
But in an announcement to the Irish stock exchange on December 15, Dr Wadhwani said that he would delist the Keynes fund, a global macro fund, to focus on quantitative investment strategies.
