July 7: The flawed hedge fund model

Pt 2: Stanley Fink, former head of Man Group and now CEO of International Standard Asset Management, says that in some cases the hedge fund model before the market crash was fundamentally flawed. He also says recent large gains by hedge funds are a one-off and predicts an L-shaped recession. Presenter: Richard Milne, European business correspondent. Camera: Steve Ager Producer: Josh de la Mare