Cazenove hedge fund manager Pegrum to join Soros

Reuters – Highly-rated hedge fund manager Neil Pegrum has quit his job at Cazenove Capital to join Soros Fund Management, the secretive fund firm set up by billionaire financier George Soros. Pegrum, a specialist in mid and small-cap stocks who ran over 300 million pounds ($464 million) in assets, handed in his notice at the end of last week and has now left the firm, a spokeswoman said.

Pegrum joined Cazenove from rival fund manager Insight Investment in 2004 and generated strong performance from his funds, notably during bull markets.

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