Meditor European Hedge Fund - July 2008

The company has been careful to grow the business in a steady and sustained manner over the years, expanding only into areas where it believes its longstanding experience can deliver value to its institutional investor base. For much of this time its funds have been closed to investment in the interests of maximising performance potential.

The main focus is on European equities but positions are also taken in other (mainly developed) markets. There is a genuine absolute return focus resulting in