RWC Partners Snags Threadneedle Execs To Run Absolute Return Funds

Jun 30 2010 | 8:18am ET

RWC Partners has snagged Threadneedle executives Peter Allwright and Stuart Frost to manage the firm's absolute return and currency funds. 

Most recently, Allwright and Frost served as lead managers on the Threadneedle Absolute Return Bond portfolios, which have grown to more than $3 billion since launch over four years ago, as well as co-managers of the Threadneedle Target Return Fund.

At RWC, Allwright and Frost will take over the management of the RWC Strategic Reserve Fund and are tasked with launching new funds later this year. 

Allwright joined Threadneedle in 2005 as a global bond fund manager and was responsible for absolute return and high alpha strategies. In addition, he managed the Threadneedle European Bond and Global Bond Funds. Frost joined the Threadneedle fixed income team in 2007.

“Peter and Stuart have had extraordinary careers in the fixed income markets," said Peter Harrison, chief executive officer of RWC Partners. "Over the last five years they have been responsible for managing one of the most highly regarded absolute return franchises around. It is still extremely rare to find such experienced managers who have run funds in the UCITS space for such a long time."


In Depth

Virtu Celebrates Another Year Without a Single Day of Losses

Feb 26 2015 | 9:05am ET

High-frequency trading firm Virtu Financial Inc. reported another year without a...

Lifestyle

Hedge Fund Manager Out as Minnesota Wild Minority Owner

Feb 25 2015 | 2:45pm ET

New York hedge fund manager Philip Falcone is no longer a minority owner of the...

Guest Contributor

Risk: How To Get In Front Of The Problem

Feb 26 2015 | 9:53am ET

In considering the topic of risk in the hedge fund world, specifically, the oversight...

 

Editor's Note