The board of Goldman Sachs Dynamic Opportunities fund, one of the largest fund of hedge funds listed on the London Stock Exchange, has recommended the fund be wound down.

Launched in 2006, the fund's share price fell over 50% during the financial crisis. According to a statement issued on the London Stock Exchange today: "The board has determined to recommend to shareholders that the Company should commence a managed wind-down of its portfolio with a view to realising its investments in an orderly fashion and subsequently returning capital to shareholders."