Appleton to expand its portfolio with two funds

Appleton is to launch two hedge funds over the coming months to meet demand from offshore clients.

Following the success of Condor European, the group's flagship Europe long/short fund of funds, which has so far raised over E30m from high net worth individuals, Appleton plans to launch a dollar-denominated global long/ short fund of funds and an emerging market long/short fund of funds.

Minimum investment in the new funds will be $100,000 and the Condor range of funds feature a 1.5% annual

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