Reuters – The slowdown in emerging markets is hitting hedge fund Sloane Robinson hard, highlighting how, even as the industry attracts investors, managers can quickly fall from grace if they fail to perform.
The London-based stock-picker – one of the capital’s oldest managers and once among its 10 biggest – has seen assets under management slide to around $2.5 billion, down more than four-fifths from a 2008 high of $15.1 billion.
