R.G. Niederhoffer Reopens Funds To New Investors After Hiatus

FUNDS

New York-based trading advisor R.G. Niederhoffer Capital Management will re-open its funds and managed accounts to new investment at the end of June after a large and rapid influx of capital in late 1994 forced it into a self-imposed five-month hiatus. The advisor's assets under management, which grew to more than $110 million in size during its first 18 months of operation, now total approximately $130 million.

In addition to adjusting to its increased capital base, the investment manager m