BIRMINGHAM, Mich. (HedgeWorld.com)–Jim Robinson, chief executive of Munder Capital Management, said that he is starting a fixed-income hedge fund and resigning from the mutual fund company.
Details about Mr. Robinson’s hedge fund plans are unknown, but he expressed faith in Munder’s continued success.
“Personally, I am excited about the prospect of managing a hedge fund and working with clients on a full-time basis again,” he said in a statement.
He joined the firm 17 years ago to build Munder’s fixed-income capabilities, which include a duration neutral focus strategy. Mr. Robinson’s been chief executive of the management company since founder Lee Munder’s departure in 2000.