FIM Limited is continuing the expansion of its multi-manager team by hiring two new senior analysts in the research and investment department.

The appointment of Abdallah Rahall and Peter Brown brings FIM's total number of senior investment professionals to ten as of the beginning of February 2005.

Rahall has over ten years of experience as an equity derivatives trader at ING Barings, HSBC and JP Morgan Chase in London and Hong Kong. More recently Abdallah was the equity portfolio manager for Vizor Investment. He will be focusing on the research of convertible and other derivative strategies.

Brown has 20 years of investment experience as a fixed-income trader and analyst with Spear, Leeds and Kellogg, Kidder Peabody. More recently he was chief European strategist at Thomson Global Markets. He will concentrate on the analysis of fixed income and macro funds.

Bacground Notes: FIM Limited is an alternative investment management company that specialises in the creation and management of multi-manager portfolios for institutions and private clients. Established in 1981, FIM has over twenty years of experience in asset management, with over ten years advising on and managing portfolios of hedge funds. Today the group manages and advises USD 1.7 billion of investments.