Tuesday, 2 June 2015
Last updated 1 hour ago
Feb 12 2007 | 2:49pm ET
U.K.-based F&C Asset Management has recruited of a team of fixed income hedge fund specialists from London & Capital and is launching a global diversified fixed income hedge fund, the F&C Tourmaline Fund, within the first quarter.
The lead manager on the F&C Tourmaline Fund will be Sanjay Joshi, who headed up the London & Capital Fixed Income team between 2004-2007 and started up the firm’s fixed income hedge fund business. Other members of the team joining from London & Capital are senior fund managers Rabbani Wahhab, Mario Nicolaou and analyst Shilen Shah.
"This is an important development for F&C Alternative Investments and a mark of F&C's ambition to grow our hedge fund presence,” stated Fernando Ribeiro, head of investments at F&C. “We will continue to actively look for further opportunities to attract the right talent as a prerequisite of launching additional hedge funds."
F&C Asset Management was created in October 2004 from the merger of F&C Holdings and ISIS Asset Management. The London Stock Exchange-listed firm was managing £104 billion (US$ 202 billion) as of the end of 2006.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…