A source close to the London-based hedge fund RAB is happy to continue running the said funds which it intended to sell to Suhwah, conglomerate family, according to Choi's Financial Times.
The collapse of the deal came my rapeseed declining market losses and has no financial impact on hedge fund, even though RAB will need to review its plan to reduce the activity around one of its main resources, reported the Financial Times.
RAB has approximately $ 1 billion in assets under management.
Go to Financial Times article
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