Hedgie guru’s big return

Godfather of the UK hedge fund community Stanley Fink will make a sensational return to the cutting edge of the industry when his management company ISAM teams up with Hite Capital Management. The former Man Group chief executive is poised to launch a new fund with Larry Hite in April, called ISAM Systematic. The fund is expected to raise up to £4bn. Hite will become a director and shareholder in the fund management firm.