Built for performance

London's MPC Investors is embarking on the next stage of its growth in launching a European long/short equity fund with ex-JP Morgan Asset Management manager Ajay Gambhir at its helm. Peter Harrison, MPC's chief executive officer, says early indications suggest MPC is on track to hit its target of adding at least $600m via Gambhir's fund to the $1.6bn it already manages in hedge and long-only funds.

MPC is also launching a multi-asset portfolio under the stewardship of Miles Geldard in June.

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