GLG Taps Former Bank of England Head As Adviser

Dec 4 2009 | 8:52am ET

Hedge fund GLG Partners has appointed Sir John Gieve, the former deputy governor of the Bank of England, to be senior adviser.

Gieve will be responsible for providing strategic advice to GLG on macro-economic and wider policy issues, particularly as they have an impact on the financial services sector and the regulatory environment. He joins GLG continuing a distinguished career, including 20 years at HM Treasury and culminating in three years at the Bank of England where he was deputy governor, responsible for financial stability, and an ex officio member of the Monetary Policy Committee. 

“Sir John has immense experience of financial markets and monetary policy-making, and of the banking sector more broadly,” said John White, managing director of GLG. “His insights will be of great value to our investors and clients at a time when the UK is at a political, regulatory and economic cross-road.”

In his new role, Gieve will focus primarily on the $2.37 billion UK Equity business at GLG, run by John White and Jason Mackay. The UK Fund range is comprised of the flagship GLG Alpha Select Fund and three long only Funds: GLG UK Select, GLG UK Growth and GLG UK Income.

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