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FSA appoints head of hedge fund unit

The FSA has appointed Andrew Shrimpton as the head of its new unit set up to supervise 25 hedge funds that have a high impact in financial markets.

Shrimpton, who is currently manager of the FSA’s asset management sector, will lead a team of six and will start work at the end of October.

The FSA declined to reveal the name of the 25 funds.

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