Monday 10 March 2008

Schroders Agriculture Fund closed

The Telegraph reports today that Schroders has closed its $6bn agricultural fund after too many investors rushed to plough money into it.

The Alternative Solutions Agriculture Fund, invested in grains and livestock, returned 48pc since it was launched in October 2006.

The fund's top five holdings at the start of the year were wheat, soybean, coffee, corn and sugar.

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