Top City Hedge Fund Scraps CEO Role

(SKY News) One of London’s leading hedge fund managers is scrapping its chief executive’s role amid torrid markets which have seen hundreds of millions of pounds wiped from the value of its flagship fund. Sky News has learnt that Lansdowne Partners informed investors on Friday that Alex Snow, a well-known City figure, would move from holding the post of chief executive to focus on what it calls its developed markets strategy…..

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