People Moves

Ex-Threadneedle bond and macro duo get going at RWC Partners

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Former Threadneedle fixed-income and macro pair Peter Allwright and Stuart Frost have joined London-based independent asset managers RWC Partners and taken over the management of the RWC Cautious Absolute Rate & Currency (ARC) Fund.

The duo came onboard last month, having previously managed the Threadneedle Target Return Fund, the Threadneedle Absolute Bond Fund and a hedge fund, the Macro Crescendo Trading Fund. At Threadneedle they were running some $3 billion in absolute return bond and macro funds, including the macro hedge fund that was launched in late 2008.

The RWC Cautious ARC Fund launched in December 2006 and was