Leverton to manage Shore Capital's fund of hedge funds

Shore Capital is to launch a fund of hedge funds in the first quarter managed by Chris Leverton.Leverton joins the London-based investment banking group from Elan Asset Management where he was managing an absolute return fund of funds.The Shore Capital product will invest in 15 to 20 hedge funds, seeking niche area strategies and putting emphasis on the quality of managers, according to Chris Ring, managing director, private client broking and investment management.'A lot of people just lo