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Investors surge into closing Veritas Asia.
Investment Adviser, December, 2007
Tags: VERITAS Software Corp.
Investors have piled into Veritas Asset Management's offshore Asia fund since the group announced it would soft-close the vehicle.
Its assets under management have almost doubled in size over the last two months, breaching its AGBP400m cut-off point.
At the start of October, Veritas announced it would close the fund to new investment when it reached $400m so manager Ezra Sun could run investors' money in the best possible way.
However, last week Veritas confirmed the fund size had surpassed AGBP500m as the last wave of external investors came in and existing clients topped up ...
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