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Jefferies Point Bonita fund reviews exposure to Radiant World

The review comes as the fund is already winding down after heavy investor redemptions, per a Bloomberg report cited by Hedgeweek.

Reported · Written up by our desk · Fund Industry

Jefferies Point Bonita Capital fund is facing renewed scrutiny after launching a review of its exposure to iron ore trader Radiant World, Hedgeweek reports, citing a Bloomberg report.

Hedgeweek says the added review highlights challenges for the strategy, which is already in the process of winding down following heavy investor redemptions.

The fund's exposure review is part of the ongoing reassessment tied to the wind down, according to the account described by Hedgeweek.

Bloomberg is cited as describing the situation as the fund continues to manage fallout from investor withdrawals.

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