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Cheyne Capital appoints two partners for macro equities team

08-25-2009 07:08 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Cheyne Capital

/ PR Agency: M:Communications
Cheyne Capital

Cheyne Capital

Paul Ruddleston and Paul Keohane join from Morgan Stanley where they worked for a combined 26 years, much of which as managing directors.
The pair have been recruited to broaden the team managing the Cheyne Equity Macro fund, which launched earlier this year under the lead management of their former colleague Jorge Giampaoli. Giampaoli joined Cheyne from Morgan Stanley in June to head up the fund, which follows a short-term, macro-based equity trading strategy.
Ruddleston headed the global market trading strategy unit at Morgan Stanley, working with the firm's principal market risk takers and with key clients across all asset classes. He is credited with calling a host of major market turning points over the years, most recently predicting the exact 666 low point of the S&P 500 this March.
Keohane worked as number two to Ruddleston and brings with him extensive experience in bond trading and fund management from his career in the City.
Chris Goekjian, Cheyne's chief investment officer, says: 'We are delighted to have a team with such strong analytical and trading skills on board and look forward to continuing to build the track record of our new equity macro offering.'

Cheyne Capital is one of Europe’s leading alternative asset managers. Cheyne Capital Management (UK) LLP is authorised and regulated by the UK FSA and, along with other parts of the group, is a registered investment adviser with the US SEC.

Cheyne Capital Management (UK) LLP
Stornoway House 13 Cleveland Row
London SW1A 1DH
Tel: +44 (0)20 7031 7450
Fax: +44 (0)20 7031 7650

Press contact:
Caroline Villiers
villiers@mcomgroup.com
M:Communications
Tel: +44 20 7153 1521
Mobile: +44 7808 585184

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