Business

Investors put new cash into RAB funds

11 April 2012

RAB Capital, the hedge fund manager which lost a fortune on Northern Rock, is starting to see new cash coming into its coffers.

Hedge funds have seen a strong bounce back in the last three months, but clients withdrawing money and restructuring saw RAB's assets fall from $1.9 billion (£1.1 billion) in December to $1.3 billion at the end of June. Chief executive Stephen Couttie said he was "encouraged" by recent fund performances.

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Debt Market (bond Market)
Hedge Funds