Seminole Capital Management Returns Some Cash; Blames HFTMark Melin
Count the $3 billion Seminole Capital Management as yet another hedge fund that is blaming the odd quantitatively driven market environment for its troubles. The fund’s solution is to return just over 10 percent of its assets to investors, saying their hedge fund value investing strategy needs to reduce assets under management to remain viable. The move comes as BlueCrest Capital Management and
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