Roger Guy, star fund manager at Gartmore, has raised $300m (€231m) for his first new hedge fund since 1999.

Gartmore said it had allocated all $300m of capacity in the fund to investors. This is despite a performance fee of 30%, significantly higher than the hedge fund industry's standard 20%.

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The far-right leader said she was prepared to back a vote of no confidence in the government in the days to come.

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Intel said Pat Gelsinger has retired and stepped down from the company’s board of directors.

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Gartmore raises $300m for new hedge fund

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