The UK subsidiary of US hedge fund manager Highbridge Capital, part of JP Morgan, increased turnover by 43% to £8.3m (€12.2m) in the year to December.

The accounts of Highbridge Capital Management (UK) just filed at Companies House showed sales had increased from £5.8m in 2004. The UK company employs 13 staff to provide investment management services, relating to non-US securities, to Highbridge in the US.