Shore Capital Says Puma Absolute Return Fund Produces 12.9% Return For Year

Shore Capital, the listed independent investment banking group based in London and Liverpool, announces 3rd quarter results for PARF, an open ended investment company listed on the Irish Stock Exchange whose aim is high returns with low volatility. The Puma

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Shore Capital, the listed independent investment banking group based in London and Liverpool, announces 3rd quarter results for PARF, an open-ended investment company listed on the Irish Stock Exchange whose aim is high returns with low volatility.

The Puma Absolute Return Fund (“PARF”), managed by Shore Capital’s fund of hedge funds team, produced a return of 2.4% for the month of September 2005, and 12.9% over the past 12 months. Whilst the hedge fund industry has been rocked by scandals of fraud, missing assets and poor performance, PARF has managed to generate consistent returns with low risk, Shore Capital said in a news release.

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