People Moves

McCaffery returns to Aberdeen from BlueCrest

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Andrew McCaffery has returned to Aberdeen Asset Management as head of institutional hedge funds. McCaffery joined from BlueCrest Capital Management, where he was a founder member of Alignment Investors, a separately branded division of BlueCrest that he joined in 2008.

At Aberdeen, which has a $6.5 billion funds of funds business that was originally built under the Coutts brand and subsequently became part of RBS, McCaffery will form part of the senior management team alongside Graham Duce and Aidan Kearney for the entire hedge fund and long-only multi-manager business. He will report to Anne Richards, chief investment officer