Thursday, 29 January 2015
Last updated 11 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.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…