August 23, 2010
Several high profile hedge fund managers have decide to throw in the towel and leave the industry, citing growing frustration over increased regulations, higher taxes on profits and disappointment with returns. The latest is Stanley Druckenmiller, who managed $12 billion at Duquesne Capital Management, reports Reuters. His decision was reportedly due to “burnout”, after amassing […]
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August 16, 2010
Money managers unhappy with the direction of their big bank are once again leaving to start their own firms, reports the Financial Times. The reasons vary, from being forced to alter cherished and time-tested strategies that have worked for them, to being told to cut back on analyst resources to simply having to dance to […]
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