Cazenove Capital Management’s head of pan-European equities, Tim Russell, has stepped down from his position, Financial Times reports. Chris Rice, who runs the £962.7 million European fund, will succeed Russell as head of the team.
Steve Cordell will now manage Russell’s £196.9 million U.K. Absolute Target long/short fund and the U.K. core offshore hedge funds, supported by Julie Dean. Previously, Russell has worked at HSBC Asset Management and Skandia, adds Financial News.
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