Quaero Capital hires ex-Ardevora manager for global equity launch

The boutique, which has around £2bn under management in the UK in concentrated, actively management products, has hired Garland as sales and marketing director and Monaco as senior fund manager.  In due course, a core global equity strategy will be launched, run by Monaco, which will adopt an investment process based on cognitive psychology. Ardevora reshuffle sees Garland and Monaco depart It will identify and exploit the systematic mistakes made by company managers and investors, to construct a concentrated, liquid portfolio diversified by both countries and sectors. Monaco ha...