Garrett-Cox, Courlier Leave Morley, Axa

Jan 30 2007 | 3:15pm ET

A pair of British female hedge fund executives are on the move.

Katherine Garrett-Cox, who served for two years as chief investment officer at London-based Morley Fund Management, has resigned to assume the same post at Dundee, Scotland-based Alliance Trust. The move comes just days after the appointment as CEO of Scottish Widows executive Chris Phillips.

Morley head of strategy Adrian Jarvis is to succeed Garrett-Cox on an interim basis, beginning in March.

Also bolting is Axa Investment Managers’ Véronique Courlier, the Financial Times reports. Courlier, who, like Garrett-Cox, had been on the job for about two years, is reportedly departing over a difference in strategy. An Axa statement called the decision a “mutual separation” allowing Courlier to pursue “new opportunities.”

Courlier joined Axa with a mandate to establish a centralized hedge fund division. She was reportedly unhappy with Axa’s decision to allow its other business groups—notably Axa Framlington and Axa Rosenberg—to set up long/short funds independent of Courlier’s group.

Chris Manser, head of alternative investments at recently acquired Winterthur, takes over as head of Courlier’s former group.


In Depth

JOBS Act Propels Real-Estate Crowdfunding Platform

Oct 21 2014 | 2:57am ET

If D.J. Paul were a real estate development, he would be described as “multi-use...

Lifestyle

Balyasny Pays Over $6M For Lakefront House

Oct 22 2014 | 10:29am ET

A venture headed by hedge fund manager Dmitry Balyasny just paid $6.2 million for...

Guest Contributor

PAAMCO: European Equity Exposure - Challenging Year, But All is Not Lost

Oct 16 2014 | 4:12am ET

European equity hedge fund managers have had a tough time so far this year. The...

 

Videos

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

October 2014 Cover

Deeply flawed risk benchmark

Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.