Fund launches & closures

Gorton/Brevan CTA move marks LDFM transition

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The launch of a major new systematic trading venture by Brevan Howard and London Diversified Fund Management’s co-founder David Gorton forms part of a wider reorganisation of one of London’s longest-running hedge fund trading operations

The unveiling of a potentially big new systematic trading venture between Brevan Howard Asset Management and London Diversified Fund Management co-founder David Gorton forms part of a wider reorganisation of LDFM that will ultimately lead to the creation of three separate asset management entities.

Gorton and Brevan Howard announced earlier this month that they had joined forces to form a new joint venture