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...