RMF Investment Management, fund of hedge funds providers, announces that Fred Siegrist has decided to retire and will step down as Chief Executive Officer (CEO) of RMF on 30 September 2007.
Herbert Item will succeed Fred as CEO of RMF. Herbert will also continue as Chief Investment Officer (CIO), a position he has held since 2005. Herbert Item will join the Man Investments Management Committee.
In addition, Serge Cadelli is promoted to the dual role of Chief Operating Officer (COO) and Chief Risk Officer (CRO). Serge has been COO for almost two years and, from 1 October, also assumes the former responsibilities of Pierre-Yves Moix who moves to Man Investments as Chief Risk Officer.