Bloomberg – Three of London’s biggest hedge funds are likely to pay their top partners a total of more than $3 billion this year, the Financial Times reported, without saying where it got the information.
The expected payouts by Brevan Howard Asset Management LLP, BlueCrest Capital Management Services Ltd. and Winton Capital Management Ltd. follow investment successes at the firms even as the industry as a whole lost an average of 4.3 percent of investor money, the newspaper said today, citing Hedge Fund Research.
