Rambourg returns to Gartmore as analyst; New co-manager for Guy

Guillaume Rambourg is to return to Gartmore as an investment analyst as the firm names a new co-manager alongside Roger Guy.

While Rambourg was found to have breached internal company controls, the firm says the investigation found no suggestion of dishonesty or a lack of integrity in his actions and found no evidence clients suffered losses from the breaches. The breaches represented 5% of all trades raised by Rambourg over the last 12 months and 1% over the last six months. Findings from Gartmore's internal investigation, which included an independent report by Clifford Chance, have been forwarded to the Financial Services Authority for review. They will now consider the findings and carry out their own i...