Insight's currency head Thomas exits for hedge fund

Insight's head of currency Dale Thomas is set to exit after nearly 17 years with the firm, Investment Week can reveal.

Thomas (pictured) is head of currency management within the fixed income team with responsibility for currency allocation across all ex-UK funds and is also responsible for research on the US economy. Thomas is set to join London-based hedge fund firm Caxton Europe Asset Management as portfolio manager and currency specialist. Max Wahl and Richard Nibloe will be responsible for both the £348m Absolute Insight Currency fund and the firm's broader currency activity following his departure in June, supported as usual by the wider FIG team, Insight said. The group will announce a repla...