The CEO of hedge fund firm Winton Capital Management will step down from his post in early 2013. Financial News
reported that Anthony Daniell will be replaced by Tony Fenner-Leitao, who has been deputy-CEO of London-based Winton since October. The switch is pending regulatory approval.
The reason for Daniell's departure was not disclosed.
Daniell joined Winton in 2004 as head of global marketing and sales. He was promoted to director two years later and appointed to CEO in 2010.
Founded in 1997 by David Harding, Winton manages about $26 billion in assets.