Investors in the Amerindo Technology Fund have pulled out 39 percent of the funds assets in the last three weeks, reports the Investors Business Daily. The fund, which had $105 million in assets on May 25, before the arrests of fund managers Alberto Vilar and Gary Tanaka, experience $4.3 million in withdrawals by June 6, and another $35.3 million the week after.

The fund is currently being advised by Munder Capital Management in a temporary contract that lasts 150 days.  

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