Financial Times FT.com

Two Wermuth Europe board members to quit

By Martin Arnold

Published: February 18 2009 20:57 | Last updated: February 23 2009 22:37

Lord Skidelsky, the historian and biographer of John Maynard Keynes, is planning to quit the board of a hedge fund that lost most of its value after investing in Russian assets, including the Moscow-based Wild Orchid lingerie chain.

Another eminent figure planning to leave the board of Frankfurt-based Wermuth Asset Management’s Greater Europe fund is Garret FitzGerald, the 83-year-old former Irish Taoiseach, who has health problems.

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