Kames Capital has placed the capacity of a number of its equity market neutral funds under ongoing review following a surge in inflows.
The group said it had begun a review of three funds following £400m inflows last year and a "fantastic pipeline" for 2016. As a result, the group has decided to take "prudent, preemptive measures to stem any big and unexpected investments into the strategy". Funds affected are the £608m Kames UK Equity Absolute Return fund, the £257m Equity Market Neutral fund and the £161m Equity Market Neutral Plus fund, which are all run by David Griffiths, David Pringle (pictured) and Malcolm McPartlin. However, in a statement the group was keen to point out the funds are not yet closed to new ...
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