Money managers under the microscope
A bit delayed this, but drawing your attention to Parvathy Ullatil’s entertaining look at hedge fund managers going at each other with fists and gumshields, rather than outlandish claims of stratospheric bonuses. Photos from Reuters pictures.
But the mood at the hedge fund “fight night”, held in Hong Kong late on Thursday, was exuberant, as managers and executives slugged it out, raising for charity nearly HK$700,000 ($90,300) from auctions.
Asian hedge funds have returned close to 22 percent year to September, outperforming their U.S. and European counterparts, a year after the Lehman Brothers’ collapse rocked the industry.