Thursday, 26 November 2015
Last updated 1 day ago
Nov 19 2007 | 12:23pm ET
London-based F&C Investments is losing two of its top fund managers to a hedge fund.
Makis Kaketsis and Luke Newman have left the asset manager for an undisclosed hedge fund. The duo told F&C that it is not a competitor.
At F&C, Newman ran a £62 million (US$127 million) Special Situations fund, and Kaketsis the firm’s U.K. Dynamic Fund. In addition, the pair ran a British 130/30 product launched in August.
The Special Situations fund has reportedly been charged to Hilary Aldridge, who manages the U.K. Growth & Income funds where she is responsible for small and mid cap stock selection. The firm said there would be no change to Aldridge’s existing role. The U.K. Dynamic fund will be co-managed by F&C head of equities Peter Lees and U.K. Smaller Companies fund portfolio manager Catherine Stanley.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…