How to make a hedge fund worth $1bn, with a $500,000 salary

A hedge fund with $1 billion in assets made its first trading profit on Monday, and its first trade since June 10.The fund, called FTSE 100 FTSEL, is the first in the industry to record such a result.The firm’s market capitalisation, according to data from the London Stock Exchange, is $5.3 billion.The hedge fund’s CEO, […]

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