COMPANIES The riches-to-slightly-less-riches story of hedge funds in the past year is hitting philanthropy, with Europe’s biggest charity fundraising event cutting back.
Absolute Return for Kids, which raised £25.5m at an extravagant £10,000-a-head ball in Greenwich’s Old Royal Naval College last year, plans to hold a smaller event this year at Waterloo station, where it has hired the old Eurostar terminal.
