Rory Powe, recently appointed manager of the GLG Continental European fund, turned over 95% of the portfolio on day one of his tenure as he sought to skew the portfolio towards the market leaders he favours.
The former Invesco Perpetual veteran joined GLG in July and took over the fund on 1 October. He previously spent 12 years running his own firm, Powe Capital Management. Prior to that, he made his...
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