Rab Capital pushes ahead with major expansion plans

Rab Capital Management has plans for major expansion over the course of the year beginning with a spate of hedge fund launches this month. Recently hired Arild Eide, who joined from Morgan Stanley in November, will manage a long/short US equities fund. Nick Reid from Gartmore, who has experience of running long-only and long/short Japan funds, and Robin Cosgrove, who joined from Dresdner Kleinwort Benson in Tokyo in January, will run a long/short Japanese equities fund. Gavin Wilson, who joined last month from Canaccord Capital, Canada, will be in charge of an energy fund. The Japan and e...