MLIM continues to rebuild following recent departures

Merrill Lynch Investment Managers (MLIM) has hired Peter Abbott as a fund manager in its global equities team.

Abbott will join later in the summer and report to Ian Rowley, who heads up the global equity team.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire