LionTrust fund launch put back

LionTrust has postponed the launch of its Absolute Return hedge fund to June, after it was originally scheduled for launch this month. The fund, managed by Jeremy Lang, will be domiciled in the Cayman Islands and listed in Dublin. It will be market neutral and geared with a £50m portfolio ' £50m exposure long and £50m exposure short, giving the portfolio effectively £150m exposure.

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