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December 11, 2006

Managers Play Games With Hedge Funds

It is quite easy to understand why established fund managers with good track records in the retail market are enticed by the lucrative fees of hedge funds. However, now there seems to be a reverse flow of talent. Citywire.co.uk reports:

At the start of next year James Elliot will rejoin JP Morgan to run long-only Japanese money after a one-year stint at RAB Capital. This follows last year’s news that Gary West and James Inglis Jones, who also used to run money at JP Morgan, are returning to traditional fund management with Liontrust after a spell managing hedge funds at Polar Capital.

Read more: Frontrunner: Hedge fund traffic no longer one way

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