Industry News

Check out the latest news and insight from the ever-evolving world of institutional investing and hedge funds from around the globe.

Jing Chen has been eVestment’s hedge fund industry news reporter since 2011. To submit industry-related press releases or request feature ideas please contact her at

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Hedge Fund Trader Dies

Jan 28, 2013
Jing Chen

A trader at hedge fund firm Armajaro Asset Management has passed away.

Bloomberg reported that Ben Steele, who joined London-based Armajaro last year to start a pool of trading shares of financial companies, died on January 25. No additional details were provided regarding Steele's death.

Prior to joining Armajaro in May, Steel was a co-portfolio manager at New York-based hedge fund TT International.

Founded in 2002 by Anthony Ward, Armajaro manages about $2 billion in assets.

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