Arden AM opens up London office

American fund of fund manager Arden Asset Management has opened a London office in order to help add European single strategy managers to its portfolios.

Todd Walters, one of two researchers and fund selectors Arden sent from New York to open its London office after receiving Financial Services Authority regulatory approval at the start of September to do so, said the move was prompted by the increasingly important need to find successful managers early.

Arden manages around $2.5bn in absolute

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