{"id":5509,"date":"2007-01-09T00:00:00","date_gmt":"2007-01-09T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-fund-manager-hired-by-lg","status":"publish","type":"post","link":"https:\/\/www.hedgeco.net\/news\/01\/2007\/hedge-fund-manager-hired-by-lg.html","title":{"rendered":"Hedge Fund Manager Hired by L&G"},"content":{"rendered":"

HedgeCo.Net (New York) –<\/span> Legal & General, the UK pension fund worth \u00c3\u201a\u00c2\u00a3218 billion, has appointed former hedge fund executive Ian King as head of L&G’s active European equities. He was involved in 2006 in establishing KDR Europe, a European equity hedge fund, according to Reuters.<\/p>\n

King will hold the post beginning from the end of January, the strategy is to revive its European active equity team after staff exits last year. His move to Legal & General Investment Management bucks a recent trend of managers at traditional asset management firms moving into the fast-growing hedge fund arena.<\/p>\n

In a statement L&G said, “His (King’s) immediate task will be to rebuild the active European equity team with the intention that the European equity portfolios are returned to active management by the mid-year.” Before his work at KDR, L&G said, King worked at American Express Asset Management International for more than 10 years.<\/p>\n

Legal & General is one of Britain’s top 50 FTSE companies, with over 5.4 million customers L&G employs over 8,800 staff. The company has operations in the USA, France, theNetherlands and Germany, as well as the UK.<\/p>\n

Alex Akesson
Contributing Writer
HedgeCo.Net
Email: Editor@hedgeco.net<\/a> <\/p>\n

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HedgeCo.Net (New York) – Legal & General, the UK pension fund worth \u00c3\u201a\u00c2\u00a3218 billion, has appointed former hedge fund executive Ian King as head of L&G’s active European equities. He was involved in 2006 in establishing KDR Europe, a European […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-5509","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5509","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=5509"}],"version-history":[{"count":0,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5509\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=5509"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=5509"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=5509"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}