Following the suspension of high profile Gartmore fund manager Guillaume Rambourg pending the outcome of an internal investigation in relation to trading breaches, industry figures give their reactions.
Ben Yearsley, investment manager, Hargreaves Lansdown: "We have spoken to Gartmore and are confident this issue has nothing to do with FSA insider trading investigations. Hopefully this is just going to be an embarrassment for Gartmore, nothing else. We are keeping the Guy and Rambourg fund on our Wealth 150 for now and advise against any knee-jerk reactions." Darius McDermott, managing director, Chelsea Financial Services: "I am genuinely shocked. I really do not know what else to say until I find out more information." Adrian Lowcock, senior investment adviser, BestInvest: ...
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