Financial Times FT.com

Hedge fund partnerships 'no good for strategy'

By Phil Davis in Lausanne

Published: June 13 2005 03:00 | Last updated: June 13 2005 03:00

The chief executive of Man Group, the world's largest quoted hedge fund manager, said the partnership structure that most hedge funds adopt can lead to poor strategic decisions.

Stanley Fink told delegates at a hedge fund conference in Lausanne that Man Group made better decisions after it listed in 1994 than when he joined in 1987.

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