Threadneedle hedges its bets


Threadneedle Investments last month launched its first credit hedge fund to tap into the wealth of opportunities that are arising in the corporate credit market. The Crescendo Credit fund, launched on February 28, is the third hedge fund in Threadneeedle’s Crescendo range, following on from the UK fund and the European fund, which between them account for over $1 billion under management.

“We have been testing a model fund for quite some time now to see how it performs in a variety of market

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