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SIG terminates Gartmore mandate after star manager retires

November 08, 2010  

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Skandia Investment Group has terminated its $53 million (€38 million/ £32.7 million) mandate to “protect investors” following the departure of Roger Guy from Gartmore (see earlier story).

Guy, the manager of the firm’s large-cap European equities funds, has been the instigator and figurehead of Gartmore’s hedge fund business which includes the management of...

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