Barclays Chairman Walker to Join Hedge Fund Winton Capital

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David Walker, the chairman of Barclays Plc, will leave the bank in April to take on the same role at Winton Capital Management, a London-based hedge fund that manages $28 billion, as it seeks to become a global asset manager.

Winton founder David Harding, who is currently chief executive officer and chairman, will focus on the CEO position when Walker starts on July 1, the firm said in an e-mailed statement on Monday. Harding, 53, also stepped down last month from running the firm’s $12.1 billion Futures Fund.