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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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