Select Merger

SPECIALIST Australian fund manager Select Asset Management Limited has entered a joint venture arrangement with the $3.1 billion European hedge fund manager, Aspect Capital Limited.

Select was established last year as a joint venture between Brendan Foly and David Yale, the former senior executives of AHL and the Man Group plc respectively, and the Swiss-based Gottex Group.

Aspect was established in London in 1997 by Anthony Todd, Eugene Lambert, Martin Lueck and Michael Adam.

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