Luke Kerr, the former manager of Old Mutual Asset Managers’ £177 million U.K. Dynamic Equity fund, is set to return to the firm, Financial Times reports. Kerr, who stepped down from his position a year ago, will re-join the firm on April 1 2011.
Ashton Bradbury has been acting as interim manager ever since Kerr left the firm. Bradbury may become the permanent manager of the Old Mutual U.K. Specialist Equity hedge fund, which he has also been managing on an interim basis. Tim Service has been named as deputy fund manager for both vehicles.
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