Scudder preparing second fund

Scudder Threadneedle is preparing to launch the second fund in their Crescendo range. The fund is expected to launch in May 2001.


Hitesh Bharkdha, hedge fund business manager at Scudder Threadneedle, said: "The intention is to have a family of funds in due course. However, we need to be in a position to do it properly. We want to leverage the skills we have."


The Crescendo UK Fund will invest exclusively in UK equities across all sectors. Paul Findley, who is currently employed on the institu