Following the completion of an internal investigation,
Gartmore has announced that its star European equity fund
manager Guillaume Rambourg, who was suspended in relation to a
possible breach of an internal policy, will return to work on
the firm's European large-cap equity team with immediate effect
- initially as an investment analyst.
In a separate move to strengthen the firm's fund management
team, Gartmore has hired Darrell O'Dea, a leading European
long-only and hedge fund manager who was formerly the manager
of Threadneedle's flagship European Crescendo long/short equity
hedge fund and the manager of several other high-performing
Threadneedle European equity funds.
Said Jeff Meyer, CEO of Gartmore: "We felt it was important
to conduct a very thorough and comprehensive...