Veteran hedge fund investor Blaine Tomlinson has reassumed the role of chief executive at the fund of hedge funds he founded nearly 20 years ago, following the loss of over $5bn (€3.65bn) in assets during the crisis.

Tomlinson will resume the position of chief executive at Financial Risk Management, the firm he founded in 1991, after Brian Robinson decided he was to retire at the end of the month. Robinson took on the chief executive role from Tomlinson in 2007.