UK stockbroker Cazenove is looking at launching a pan-European long/short portfolio for ex-HSBC Asset Management fund managers Tim Russell and Chris Rice.
The two were among five managers the group poached from HSBC's London-based retail fund management team earlier this month.
At HSBC, Russell ran the well-known long-only portfolio UK Growth & Income, which had £523m in assets under management, while Rice managed the group's mainstream European fund.
The two will run similar long-only portfolios a
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