ABN Amro Asset Management and Framlington have resolved their dispute over star managers George Luckraft and Nigel Thomas. The two fund managers, who resigned from ABM Amro in April, will now join Framlington on September 8. The announcement is a victory for Framlington, as the fund managers were originally expecting to have to work a year's notice. The two left ABN Amro just weeks after their resignation, citing that it was no longer possible for them to work at the firm, and Framlington and ABN Amro have been locked in negotiations since them.
July 12, 2002