MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, July 27, 2010 Robeco Stops Taking New Cash in its Popular Long/Short Fund Robeco Investment Management is cutting off the cash spigot for its hedge-like fund. The firm closed its Robeco Boston Partners Long/Short Equity Fund (BPLSX) at the close of the market yesterday. The fund has $231 million of assets, according to Morningstar, which also assigns it a five-star rating. Fund trustees disclosed that they have "concerns that a significant increase in the size of the fund may adversely affect the implementation of the fund's strategy." Existing shareholders can continue to contribute to the fund. Printed from: MFWire.com/story.asp?s=32936 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |