Wednesday, 30 July 2014
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.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…