Seven years ago, Robin Bowie had a vision to float a series of funds of hedge funds on the London Stock Exchange. In two days’ time, the investors in Bowie’s first listed fund will decide whether it continues or closes down.
Dexion Absolute is not the only listed fund of hedge funds facing a so-called continuation vote: another, run by Goldman Sachs, is holding its own vote next week. But Dexion Capital's £516m (€562m) flagship is the largest of 19 peers.