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90% of hedge fund managers are overpaid ?

Hedge Fund

Nine out of 10 hedge-fund managers are overpaid as management fees don’t reflect declining interest rates and fund returns, according to Unigestion Holding, which invests $2 billion in hedge funds.

Soros wades into Scotland debate

George Soros - Festival Economia 2012

One of the world's best-known billionaires has waded into the Scottish independence debate, as the world's 42nd largest economy suddenly shifts to the top of the business world's agenda.

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ANZ to cut markets jobs

Australia & New Zealand Banking Group, which in 2015 posted its slowest profit growth in seven years, plans to cut 12 jobs in its markets division to reduce costs.