RAB Capital held back by client outflows

Reuters – RAB Capital said assets under management have been static this year as flows of money into its funds failed to keep pace with rivals in a hedge fund industry recovering from its worst crisis on record.

Assets under management — which stood at more than $7 billion in December 2007 — are at $1.35 billion (900 million pounds) as of end-April, unchanged from the end of last year.

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