Saturday, 30 May 2015
Last updated 17 hours ago
Feb 29 2008 | 11:02am ET
Stephen Moore has been named the head of Threadneedle Investment’s U.S. equity hedge fund in the wake of Mike Corcell’s departure.
Moore, who manages the firm’s 130/30 American Extended Alpha Fund, served as Corcell’s deputy at the US$567 million American Crescendo Fund from 2004 to 2006. Cormac Weldon, who heads Threadneedle’s U.S. equities group, will serve as deputy manager.
The Crescendo fund returned in excess of 30% last year.
Corcell, who joined the firm just prior to Crescendo’s launch, is leaving for an unidentified firm, Financial News reports.
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…