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EEA appoints John Hobson as CEO

EEA Group, the equity, environmental and alternative investment group, has appointed John Hobson as chief executive officer.

The former TT International partner will join EEA on March 1 charged with the role of expanding the group’s product range through the development and management of the hedge fund business.

EEA has created the new CEO role to support current management in the running of the global business.

Hobson was at TT for 10 years where he was a European and then Japanese long-only fund manager before starting the TT midcap European long/short hedge fund in 2004.

EEA chairman Simon Shaw says: “John combines exceptional strength as an experienced and successful fund manager with leadership skills that will help drive the continued strong performance of the EEA Group.”


Midas to waive loan covenants

Aim-listed asset manager Midas Capital has reached an agreement with its bank to waive loan covenants until April 30 with the aim of restructuring its borrowing arrangements.


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