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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.

Hedge fund firm poaches another SocGen exec

Hedge Fund

Common Sense Investment Management has poached another Société Générale (Euronext Paris: GLE-FR) executive as it continues to rebuild after the arrest of its founder in a prostitution sting and the loss of most of its clients.

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