- Emerging markets-focused Argo Group has launched a new hedge fund - the Argo Local Markets Fund.

The fund will seek to invest in a portfolio of bonds and currencies from a universe of over 40 emerging market countries using a long/short approach.

It is being launched with an initial $7m of seed capital.

At 8:12am: [LON:ARGO] share price was +0.01p at 10.13p

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