fbpx

BlackRock Hedge Selector shrinks ahead of review result

BHUE : BlackRock Hedge Selector shrinks ahead of review result

BlackRock Hedge Selector has announced that its December redemption facility was oversubscribed – shareholders with 6.54m shares tried to exit – more than the 5.2m share exit that was available under the facility. The fund will therefore shrink by 20%.

In the meantime, we are still waiting for the result of the board’s review of the future of the fund.

Leave a Reply

Your email address will not be published. Required fields are marked *