Thames River Snags Frank Russell Assignment

LONDON (HedgeWorld.com)–Frank Russell Co. Ltd. tabbed absolute return-focused investment firm Thames River Capital Ltd. as a manager in three of Russell’s manager of manager funds.

Thames River will take on a portion of each of the US$1.2 billion FRIC Continental European Equity fund, the US$130 million FRIC II Pan European Equity fund, and the US$700 million MSMM Pan European Equity fund, according to a Frank Russell statement. Thames River will be one of five managers of the Continental European fund and one of six investing the other two.