Coronation trust on hold as CIO leaves

Coronation has delayed the launch of its planned investment trust of hedge funds following the departure of its multi-manager hedge funds business chief investment officer, Ken Kinsey-Quick.

Kinsey-Quick has left the company by mutual agreement and will stay on as a consultant for the next six months. His various management responsibilities had been re-organised to focus his attention on the investment process and agreement could not be reached on the extent of those changes.

The investment

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