People Moves

Duo takeover RWC currency fund


Portfolio managers Peter Allwright and Stuart Frost have taken over day-to-day management of the RWC Cautious Absolute Rate and Currency Fund.

Frost and Allwright joined RWC Partners in October from Threadneedle where they were joint portfolio managers of the Threadneedle Target Return Fund, Absolute Return Bond Fund and the hedge fund, Macro Crescendo Trading Fund.

The RWC Cautious ARC Fund has around $60 million assets under management and will continue with its existing target of cash plus 3% over the market cycle; a target that matches two of the funds they were previously responsible for.

Allwright and Frost have long-track records in the fixed income world having more than 20 years of combined experience in managing fixed income