Reuters – Francois Barthelemy has had a tough year. The F&C Partners manager saw assets under management in his hedge funds slump by 80 percent as the financial crisis gripped, and revived performance is yet to bring new inflows.
Speaking to Reuters in his office high above the railway tracks into London’s Liverpool Street station, Barthelemy is hopeful for a market recovery which lasts into 2010, but still rails at the knee-jerk response as markets were jolted.
“People panicked and started to leave this space in droves,” Barthelemy said.