{"id":17561,"date":"2010-09-07T06:42:57","date_gmt":"2010-09-07T10:42:57","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=17561"},"modified":"2010-09-07T06:42:57","modified_gmt":"2010-09-07T10:42:57","slug":"newsmith-staff-share-27m-payout","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2010\/newsmith-staff-share-27m-payout.html","title":{"rendered":"NewSmith staff share \u00a327m payout"},"content":{"rendered":"<p>Telegraph &#8211; The hedge fund group, which was founded by five Merrill Lynch directors led by Michael Marks, shared out the equivalent of its entire post-tax profits in pay, according to recently filed accounts. Although the accounts are for 2009, they relate to performance fees from the year before.<\/p>\n<p>The group generated returns of over 8pc on both its UK and European long-short hedge funds at a time when markets plunged by over 30pc.<\/p>\n<p><strong><a href=\"http:\/\/www.telegraph.co.uk\/finance\/newsbysector\/banksandfinance\/7985304\/NewSmith-staff-share-27m-payout.html\" target=\"_blank\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Telegraph &#8211; The hedge fund group, which was founded by five Merrill Lynch directors led by Michael Marks, shared out the equivalent of its entire post-tax profits in pay, according to recently filed accounts. Although the accounts are for 2009, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-17561","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/17561","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=17561"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/17561\/revisions"}],"predecessor-version":[{"id":17562,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/17561\/revisions\/17562"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=17561"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=17561"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=17561"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}