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Translations
FPI Baring MM Optimum Risk, R28 (Feb 2009)
Baring MM Optimum Risk USD fund to close on 26th March
Baring Asset Management Ltd have informed FPI that they intend to close the underlying fund which the above mirror fund invests into. Barings cite a combination of disappointing performance and poor take-up of business which has lead them to conclude that the fund is no longer economical to run.
FPI have therefore had no choice but to close this mirror link with effect from 26 March 2009.
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William Russell
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