Colleagues pay tribute to fund veteran Taube

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NILS Taube, Britain's longest-serving fund manager, died on March 11 aged 79.

As an investor Taube is most famous for anticipating the stock market crash of 1987, shorting stocks before the crash which made a profit of some £75m. Taube's UK career started at stockbroker Kitcat & Aitken in 1948. He had worked his way up to senior partner by 1975 and during his time at the company made so much money for billionaire investor George Soros in gilts that he was invited on to the advisory board of Soros's Quantum Fund. Rothschild took over Kitcat in 1982 and Taube became principal investment adviser to the Rothschild group of companies. In 1996 he founded fund manag...

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