National Business Review – Hedge fund managers are the last people you’d expect new Prime Minister John Key to offend, considering he is a former investment banker wealthy enough ($50 million) to make NBR’s Rich List.
But it appears we should expect the unexpected with Mr Key, and incurring the wrath of fellow super-wealthy investors is no exception to that rule.
While in Peru for the Apec meeting, Mr Key made a comment that appears to have ruffled some feathers in the New Zealand Absolute Return Association, which represents local hedge fund managers.