Fund manager hits out at ‘excessive’ compliance rules

LONDON – Roger Guy, co-head of hedge fund operations at Gartmore, has claimed the UK asset manager’s internal compliance controls are “excessive”. Guy’s co-head, Guillaume Rambourg, was fined €300,000 by the Italian regulator Consob in February. The fine was administered for ‘front-running’ (taking a position after receiving information not yet public) on Italian bank Italease in 2006. Rambourg was suspended on March 29 by Gartmore as part of a separate internal investigation into “directing

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: