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"The probes john rocker (Icelandic) ambassador baseball tickets evaluates to Sweden has met with the secretary of state and has handed in to him the application of accession to the EU," said Urdur Gunnarsdottir. Iceland's parliament on Thursday narrowly backed the government's plan to begin talks to join the 27-nation bloc, months after a meltdown of the north Atlantic island's economy amid the global financial crisis. (Editing by Andrew Macdonald) (For the Hedge Hub blog: blogs.reuters /hedgehub) (For Global Investing:here). (Adds background, comment) STOCKHOLM, July 17 (Reuters) - Iceland on Friday handed in an application to join the European Union to the Swedish EU presidency, an Icelandic foreign ministry spokeswoman said. Centaurus decided to move back into event-driven afterwatching other players drop the sector like a stone as thefinancial crisis rumbled on. The first source close to the fund said investment bankshave withdrawn, while large multi-strategy funds who weredabbling in risk arbitrage had abandoned Europe and Asia andretrenched to home markets in the United States. The source said clients had returned to the event drivensector after finding themselves overexposed to macro funds orcommodity trading advisors (CTAs) and faced with a large amountof long-short funds.

Many investors had built up exposure to global macro funds-- which bet on movements in bonds, currencies, equities andother assets -- and managed futures, or CTAs -- that followtrends in futures markets -- after they outperformed most otherstrategies last year baseball ticket . "It's been picking up good traction in assets, performancehas been strong .. jeff francoeur autograph . spreads have been extremely attractive,"said the first source, without providing details bobby cox autographed baseball . That activity has subsided, and the firm has beenconcentrating on efforts to pick M&A plays and track downclients for the new fund bobby cox signed baseball . Centaurus, founded by Chairman and Chief Executive BernardOppetit, has become known as a high-profile activist investor,including a campaign at French IT services firm Atos Origin(ATOS.PA). The fund's assets have grown to $50 million to $100 million,a separate hedge fund industry source with knowledge of thematter said. The fund, as yet unnamed, represents a new move into theevent-driven sector after a chastening 2008, when performance ofthe flagship $1.2 billion Alpha fund tailed off.

The portfoliowas wound down after investors rejected a plan to return cashand refocus on more lucrative areas such as distressed credit bobby cox . Centaurus managers invested $15 million in the new fund inMarch and assets have since grown to several times that figureafter attracting outside investors, one source told Reuters baseball tickets . CulliganPhone: 716-843-3908/ / orCompany:David N jeff francoeur autograph . Clark, 972-219-3330President and CEOorCompany Media:April Wade, Copyright Business Wire 2009 .