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Saka closes hedge fund as low interest rates fail to generate 'sensible returns'

Thursday, October 13, 2016 - 05:50

Singapore

SAKA Capital, the money manager started seven years ago by a former Lehman Brothers Holdings Inc trader, is closing its credit hedge fund as record low interest rates put a damper on returns.

The Singapore-based asset manager is liquidating the SakaCapital Liquid Credit

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