Hedge fund RAB shares plummet as says may delist

Reuters – RAB Capital Plc said its days as a listed group may be numbered after another wave of client departures, underscoring its status as one of the highest-profile hedge fund victims of the credit crisis.

Shares in the company plunged by almost a third to a more than two-year low on Wednesday as investors took in another round of bad news that also included the departure of a key fund manager.

Read Complete Article

 

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply