Soros’ fund buys 3.5% stake in MAM Funds

CityWire – Gervais Williams’ MAM, Funds has attracted the attentions of star hedge fund manager George Soros’ fund management firm.

Quantum Partners, an investment fund run by Soros Fund Management, has taken a stake in UK fund management group MAM Funds. Quantum has acquired 4.7 million shares, equating to a 3.5% position.

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