People moves

UK manager Pegrum quits Cazenove to join Soros

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Neil Pegrum, the highly-rated UK equity manager at Cazenove Capital who has been running the firm's well-performing Cazenove UK Dynamic long/short equity fund since 2005, is leaving the firm to join Soros Fund Management.

Paul Marriage, the co-manager of Pegrum's two absolute return funds at Cazenove for the last few years, will become the lead manager for both the hedge fund and the related UCITS absolute return strategy.

Soros has been on something of a hiring spree in the UK of late, scooping up talent from other funds and banks. Recent hires have included Gustaf Lindskog, an analyst focused