2008-09-02 — citywire.co.uk
Dalton Strategic Partnership has liquidated its Melchior Japan hedge fund following a long period of underperformance.
...
Assets had fallen to around £20 million from a high of above £500 million in 2006, and the fund had lost 39.05% over the year to date versus a benchmark loss of just 4.7%, and following several years of double-digit losses.
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