Buying in, not selling out

Why wait for those redundancy announcements when you can jump ship and start your own hedge fund?

Put the red braces away, tear down that Gordon Gekko poster and throw away your copies of American Psycho. Bankers and brokers are passé. Now, hedge fund management is the hip new career track.

Derivatives dealers are abandoning the relative comfort of large banks and brokers in favour of buy-side boutiques. This is partly because hedge funds have become an increasingly acceptable means of investing. “Hedge funds were one of the fastest-growing asset classes among individual investors last

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