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Old 6th May 2014, 06:04
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Kamelchaser
 
Join Date: Oct 2004
Location: Dubai
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EBAM Skye 441LP (ex EPI fund)

Any thoughts on the coming vote to extend the fund?

I'm trying to get my head around all the info being provided.

At 1million + fees per year, the fund is paying out a fortune and seemingly going nowhere, despite the market here being as good as it's going to get.

I know the Australian part of it is a mess, but it seems it's only in EBAM's best interests to allow the fund to continue to keep receiving fees. I could have sworn it was supposed be wound up some time soon, but now they're talking 2017.

What are your thoughts? Vote to bail now (is that an option?), or perhaps see if the aussie assets can be separated from the UAE assets, and sell the UAE assets to get at least some money back.

Financial gurus, hit me with your thoughts. (ummmm...second thoughts, nobody would have got involved with BC in the first place if they gurus)...but hit me with your thoughts anyway.

Last edited by Kamelchaser; 6th May 2014 at 06:05. Reason: grammar and additional line
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