Winton profits rise on 65% asset growth

David Harding's managed futures firm saw profits increase by almost a quarter last year, as it took in more net new money than any other European hedge fund manager

Winton Capital Management, the computer-driven UK hedge fund manager founded by David Harding, enjoyed a profits jump of nearly a quarter last year following a 65% rise in assets under management.

Net profits for the year to December 31, 2011, rose by 23% to £162m, according to accounts for Winton Capital Management Limited, which were published last week at Companies House.

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