Superfund Shuts Six Offices

Summary


SINGAPORE (Reuters) - Austrian hedge fund manager Superfund said on Friday [June 11] it has shut six international sales offices and laid off staff as part of cost-saving measures amid a tough business environment.

Superfund has closed its sales offices in Singapore; Dubai, United Arab Emirates; Sydney, Australia; So Paulo, Brazil; Liechtenstein; and Monaco and will now manage its operations out of Vienna, Austria; Hong Kong; and New York, the firm said in a statement.

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Superfund Shuts Six Offices

The firm, which uses computer progr...

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