Winton Eyes More Space In London

Apr 24 2012 | 5:49am ET

Winton Capital Management has global expansion plans, but its biggest growth may be coming in its home base.

The US$28 billion hedge fund is looking to more than triple its office space in London's Hammersmith neighborhood as it seeks to consolidate its operations and boost its staff. Real estate firm Jones Lang LaSalle tells Financial News that Winton is eyeing 50,000 square feet in Hammersmith, where it currently rents 14,000 square feet.

The new digs will allow Winton to put its trading and marketing operations, currently in Kensington, under the same roof as its research and back-office operations, which are already in Hammersmith. Jones Lang said that the new office space could accommodate more than 800 staffers; Winton currently employs 230.

The hedge fund didn't have much to say about its real-estate plans, telling FN only that it "is expanding, so this is a situation on which we will have more to say within the next three months."

In addition to its London plans, Winton hopes to open its first office in continental Europe this year, and to double the size of its Hong Kong staff.


In Depth

Q&A: SkyBridge’s Anthony Scaramucci Readies For Wall Street Week Debut

Apr 16 2015 | 12:56pm ET

Anthony Scaramucci, founder and managing director of asset management firm SkyBridge...

Lifestyle

Puerto Rico Woos The Rich But So Far Gains Little

Apr 17 2015 | 2:45am ET

Hedge fund manager Rob Rill grins. He has just had word that U.S. financial regulators...

Guest Contributor

Minnesota Supreme Court Rejects The Ponzi Scheme Presumption: Lenders Claw Back Some Of Their Own Rights

Apr 17 2015 | 9:23am ET

A recent court ruling in Minnesota has put an end to the Ponzi Scheme Presumption...

 

Editor's Note