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Thames River seeking UK opportunity

Thames River investment director Michael Warren says the firm may look beyond the UK equity income sector as part of its planned move into the mainstream market.

The firm has been looking to add a UK team in 2008 after appointing multi-manager duo Gary Potter and Robert Burdett last year but has yet to find the right opportunity.

Warren says: “UK equity income has always been the favoured choice, given the strong performance in the past five to 10 years, but if the right opportunity comes in the UK all companies sector, for example, we will not rule it out. All our management teams have a long-only and hedge fund offering and again that is one of the things we will be looking for.”

Warren says it has postponed a proposed multi-asset fund that would invest in a blend of Thames River funds, including the long-only and fund of hedge fund multi-manager offerings.

He says: “We need to see what the change of regulation on funds of alternative investment funds brings, which we thought would have happened sooner than this. We have done something similar to this in one of our offshore launches.”

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