Edinburgh-based 'big boutique' Martin Currie Investment
Management has added a long-running European long/short equity
product to its stable of hedge fund offerings by acquiring the
European equity business of Sofaer Capital.
Michael Browne and Steve Frost, who manage the 12-year-old
Sofaer Capital European hedge fund, will join Martin Currie on
1 July and are taking their fund and investors with them.
Charlotte Dagg, an investment analyst working on the fund, is
expected to move across later in the year.
Primarily a long-only house, Martin Currie has built a
substantial hedge fund business that manages over $1.2 billion.
Its largest hedge fund is a global natural resources strategy
managed by Duncan...