The corporate regulator has reignited a long-running stoush
with the world's biggest hedge fund, Man Investments, by slapping a stop order
on one of its investment funds, according to smh.
The Australian Securities and Investments Commission on
Wednesday issued an interim stop order against the Man AHL Diversified fund,
the third such temporary ban on a Man fund imposed in the past four years.
This means Man Investments can no longer take investors'
money for the fund, which already controls about $250 million worth of assets….
Read all about it at: http://www.smh.com.au/business/hedge-fund-hit-with-third-stop-order-20120705-21k5j.html
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