Keith Guthrie was named head of the U.K. investment management team at Cardano, a specialist investment and risk adviser, spokesman James Poole confirmed. The position is new. Mr. Guthrie will be responsible for manager selection. He will report to Kerrin Rosenberg Cardanos U.K. CEO. Mr. Guthrie was investment manager in GAMs multimanager team and co-managed a GAM diversity hedge fund of funds along with Jennifer Drake, who will become the funds sole lead manager, GAM spokeswoman Janine Bunker said.