Currency manager enters administration

Anello Asset Management suffered an 'eight-figure' dollar loss on a physical gas trade

Anello Asset Management, a London-based investment manager that offered investors currency and futures-based hedge fund strategies as managed accounts, has entered administration, Financial News has learnt.

According to documents filed at UK Companies House, the firm appointed Smith and Williamson as administrators on February 4.

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110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink