The asset management arm of Credit Suisse has announced plans to return $400m to investors in a suite of supply chain finance funds it was forced to close earlier this year — bringing the total amount it has paid back to investors to more than $6bn.

In a 27 September update on its website, Credit Suisse Asset Management said around $350m was ready to be distributed to investors in the Credit Suisse (Lux) Supply Chain finance fund this week, while $50m would be paid to investors in the Credit Suisse Nova (Lux) Supply Chain Finance High income fund.