Current news for this fund:
Trident European Fund (JO Hambro) - European equity long-short strategy
Count of distinct funds: 1
The Porsche/Volkswagen fiasco was the straw that broke this fund's back:
Check out the Bloomberg article for more. It notes that EuroHedge's index of Long-Short European equity hedge funds (the fund class of Trident) dropped 1.7 percent in October, suggesting that the Hambro fund did indeed stand out from the crowd-- in a bad way.
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Important: This fund is on our list of hedge funds that have "imploded" (see also ailing lenders). However, please note that "imploded" is a somewhat subjective. The "imploded" list contains hedge funds (or other unregulated and autonomous speculative investment funds) which have gone through some sort of permanent adverse change. This is a somewhat subjective call, and does not necessarily mean total shutdown or bankruptcy. It can also mean steep and rapid mark-downs in net asset value; or abnormal "bail-out" by corporate parents or peers in order to avoid write-downs and provide liquidity. The funds are of any type and sector.