Thursday 23 July, 2009

A couple of week’s back I wrote about a rather odd fish, the small credit based hedge fund PSource Structured Debt. In my column I explained as best I could why I’ve been building a small and risky position in this neglected fund. The share price has perked up of late (up 20 per cent) and I also noticed that over the last month some of its long established shareholders, including Midas the fund management house, have been buying the shares which is something of a positive sign given how ignored this fund is.