Daily Archives: December 15, 2015

Deja vu all over again (with apologies to Yogi Berra) – guest blog from Ralph Frank

The recent announcement that the Third Avenue Focused Credit Fund (“FCF”) has blocked investor redemptions brings flashbacks to 2007.  The suspension of redemptions from three BNP Paribas funds, following similar actions by Bear Stearns and Union Investment Management, passed relatively … Continue reading

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From source to sea – the consolidation of master trusts

  As part of some work for one of our intermediaries, I’ve been asked to make sense of the smaller master trusts and give a view on which of them are likely to be around in their current form in … Continue reading

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