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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.



way out

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.