Officials at Chilton Capital in London have confirmed that Michael Cornford has joined the fund management company to run a new Currency Insight group - contrary to some press reports that put Cornford, who left National Westminster Bank in July after three months as global foreign exchange manager (FX Week, August 1), at rival Tigon Treasury Management. Market sources say that Currency Insight is a discretionary currency fund manager that relies on Cornford's proven talents as a trader.

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