BlackRock Hedge Selector shrinks ahead of review result

BHUE : BlackRock Hedge Selector shrinks ahead of review result

BlackRock Hedge Selector has announced that its December redemption facility was oversubscribed – shareholders with 6.54m shares tried to exit – more than the 5.2m share exit that was available under the facility. The fund will therefore shrink by 20%.

In the meantime, we are still waiting for the result of the board’s review of the future of the fund.

James Carthew
Written By James Carthew

Head of Investment Company Research

Leave a Reply

Your email address will not be published. Required fields are marked *