Majedie Investments to close Javelin Capital

Majedie Asset Management will take over management of the emerging markets boutique's assets

Majedie Investments said today it is to shut Javelin Capital, the emerging markets boutique that it seeded, after the company failed to attract third-party assets.

Majedie Asset Management will take over management of Javelin Capital's assets, which at one point exceeded $230 million, according to the company's website.

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