Bandon Capital readies long-short bond mutual fund for January launch

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Bandon Capital Management plans to launch a long-short absolute-return mutual fund in January, with investments to be selected by Logan Circle Partners and Dix Hills Partners. The Bandon Isolated Alpha-Fixed Income fund will take long and short positions aimed at generating returns through periods of rising and falling interest rates. Fees are capped at 195 basis points, and the minimum investment is $10,000. Full story here