Dexion Absolute
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Dexion Absolute Limited (LSE: DAB) was a Guernsey-registered, closed-ended investment company listed on the London Stock Exchange. It was managed by Dexion Capital and the chairman was John Hallam.[1]
History
[edit | edit source]The company was established by the hedge fund manager, Robin Bowie, with the intention of introducing hedge funds to financial institutions, in December 2002.[2][3] By February 2006, it had £530m of assets under management and it had become the largest listed fund of hedge funds.[4] However, in May 2009, after the board faced a vote on whether to continue,[5] most of the shareholders decided not to invest more money in the company.[6] Accordingly, in February 2016, the board decided to wind up the company.[7]
References
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External links
[edit | edit source]- Official site Archived 15 April 2008 at the Wayback Machine
