Former GLG star macro and emerging markets trader Greg
Coffey has resigned from Moore Capital – in a move
that has not come as any great surprise or shock to many people
in the London-based hedge fund community – and will
retire from the investment industry.
Sources close to the former GLG manager said that 20 years
in the industry, trading intensively across global markets
often in different time-zones, had taken their toll on
Despite achieving a 9% gain in September on the main
portfolio that he ran at Moore, a friend said that he was no
longer feeling the satisfaction he once did. He is now
understood to be keen to spend more time with his family and in
his native Australia.
Relatively lacklustre performance over recent months is
thought to have seen investor outflows from Moore –
with assets in the GC Moore and Moore emerging...