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Russian clients had investments redeemed by hedge fund ahead of Russian invasion of Ukraine

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Kirkoswald Asset Management, the hedge fund firm run by Greg Coffey redeemed a investments made by a number of Russian investors before Russia’s invasion o Ukraine, according to a report by Bloomberg.

In a note to investors on them day before Russia launches its attack, Coffey told investors that, with sanctions looming, a small number of redemptions had been made “as a precaution to reduce the potential impact” to the GBP4 billion macro fund has its investors.

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