UK - Former Gartmore star Guillaume Rambourg is looking for another role in fund management following the FSA's decision not to take any formal disciplinary action against him.
Rambourg has announced he will not face any punishment from the FSA following a prolonged investigation into his trading activities.
Last year it emerged Rambourg had been using a specific group of brokers to place trades, although there was never any evidence to suggest he did not get the best price possible.
Rambourg was suspended by Gartmore when the investigation began in March but later re-instated as an analyst, before resigning in July 2010.
The former manager of the Gartmore Continental European fund is now looking at other opportunities within fund management.
In his statement he said: "I am pleased that the FSA investigation resulted in no formal action and that I can now put the events of the past year behind me. I look forward to embarking on the next chapter of my career in fund management and I will be considering a number of potential plans in that regard".
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