Hedge Funds

Karsch man heads Threadneedle US launch


UK-based Threadneedle Investments has announced that it is launching a US long/short equity fund in June, which will be managed by former Karsch Capital fund manager Mike Corcell with the support of the firm's eight strong US equities team.

The US fund will be the latest addition to Threadneedle's flourishing Crescendo stable of hedge funds, which run some $1.7 billion of assets in European long/short, UK long/short and credit strategies.

The US strategy will combine top-down and bottom-up analysis - marrying Threadneedle's economic, fixed-income and global market views to the fundamental, sector and stock-specific research of the fund's managers.

Corcell, who