FX portfolio manager exits Armajaro AM

- By Robert Mackenzie Smith
- 11 Jan 2013

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James Whitehead, a foreign exchange portfolio manager at Armajaro Asset Management in London, has left the firm after his role was made redundant.

Whitehead managed an FX options portfolio in G-10 and liquid emerging market currencies. Although profit-making, it is understood not to have generated the level of returns the firm wanted.

Founded in 2002, Armajaro has $1.5 billion of assets under management and focuses predominantly on commodities and equities. With offices in London, Singapore and

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