CBI approves Mellon hedge fund

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JAPAN - Mellon Global Alternative Investments (MGAI) has received approval from the Central Bank of Ireland for the Mellon Nippon Absolute Fund, a Japanese hedge fund of funds.

The Dublin-domiciled fund is MGAI’s third hedge fund with a minimum investment level of EUR125,000 (£76,520). The Mellon Nippon Absolute Fund follows event driven, relative value and long/short ...

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