BlackRock Hedge Selector to wind up

BHUE : BlackRock Hedge Selector to wind up

BlackRock Hedge Selector has announced that proposals it had received from a third party to takeover the fund have now fallen away and therefore the Board are resolved to ask shareholders to put the fund into liquidation. The EGM needed to approve the liquidation is expected to be held in January and the announcement says that initial liquidation proceeds will be paid out in March or April 2015

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