Brandeaux reopens fund following suspension

Brandeaux has reopened its Sterling fund to investors after more than a year after it was suspended by the firm as the credit crisis took its toll and redemptions flooded in.

A spokesperson said the fund had delivered positive performance during the period of its suspension.

The funds were suspended in December 2008 following a “sudden and high level of redemption requests” into ground rent funds, which prompted the manager to suspend dealing in all funds …

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