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Trading resumes in listed Highbridge fund

The former AllBlue fund is readmitted to trading after an error, which caused almost one million surplus shares to be issued, was rectified

The Highbridge fund had been suspended following the discovery of a currency conversion error made in February
The Highbridge fund had been suspended following the discovery of a currency conversion error made in February Photo: iStockPhoto

Trading has resumed in a London-listed hedge fund run by Highbridge Capital Management after the results of a conversion error caused it to be suspended on March 8.

Trades worth £87 million were made in the Highbridge Multi-Strategy fund, which houses money formerly run in BlueCrest Capital's AllBlue fund, on March 14, according to data from the London Stock Exchange.

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