People Moves

Henderson hires ex-JWM duo to build global macro strategy


Henderson Global Investors is adding global macro to its expanding range of hedge fund strategies, following the recruitment of David Ko and Stephen Cain from JWM Partners to build a global macro product range for the firm.

David Ko and Stephen Cain

Ko and Cain, who have 40 years of experience in the industry, were both formerly partners at JWM - the hedge fund group led by former Salomon/LTCM bond trader John Meriwether. Ko was head of research and Cain was a currency, volatility and macro portfolio manager.

Before joining JWM, Ko was