The billion-dollar man

Sell-side traders have been switching to hedge fund management in droves. Barry Bausano, Deutsche Bank’s global head of hedge funds, recently made the journey in reverse. Navroz Patel talks to the former Tiger and Steinhardt trader

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Bausano says his group’s philosophy is to cover each hedge fund holistically. “Our different product teams in London, New York and Asia discuss with each other opportunities that would be suitable for different accounts,” Bausano says. The idea is that by co-ordinating the team for each individual account, it’s easier to discover opportunities particularly suited to individual clients’ investment mandates and methodologies.

Compared with his peers at other firms, Bausano has a wide remit that

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