Matrix managing director Guerin steps down

Matrix Group's managing director Bridget Guerin has stepped down after 12 years with the firm.

Guerin was the director of Matrix Money Management, responsible for a number of hedge and private equity funds. The division sits within Matrix Group's £2.4bn asset management unit, headed since December by Angus Woolhouse. Chief executive Chris Merry will assume responsibility for Matrix Alternative Investment Strategies fund. The group says there are no immediate plans to appoint a direct replacement for Guerin. Guerin holds a trustee position at York race course, and expects to take on other directorships within the industry. She guided the launch of the Matrix Lazard Opportunit...