Investec wants BH Macro and BH Global to create a larger, more liquid vehicle
Thursday 15 Apr 2021 Author: James Crux
Two listed hedge funds that significantly beat the broader UK stock market in 2020 could merge. BH Macro ( BHMG ) and BH Global ( BHGG ) are under pressure from Investec, which is a shareholder in both vehicles, to combine into a single entity. The proposal is on the grounds that the two hedge funds have significant portfolio overlap and they could become smaller and less liquid in...