MGIL: Scott-Smith to Retire from Millennium?

Market sources tell Profit & Loss that Lisa Scott-Smith, co-head of portfolio investments and head of the currency team at Millenium Global, is stepping down from the firm to pursue other interests. Scott-Smith has responsibility for the management of Millennium Global's active currency overlay team and shares responsibility for managing currency exposures for client portfolios in team mandates on a day-to-day basis with Richard Benson, her co-head of portfolio investments. Benson is believed to be taking on Scott-Smith's responsibilities in addition to his own.