Threadneedle’s U.S. Stock Fund Gets New Managers

Feb 29 2008 | 12:02pm 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.


In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...