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Why So Few Brits at HedgeStock?
GoldFinger
9 June 2006
The last two days have seen the UK’s hedge fund industry transported to a group of tents in the Hertfordshire countryside. HedgeStock has been trumpeted not only in the financial media but made the UK’s evening TV news as well and GoldFinger was not to left out of the fun. Our friends at Albourne Partners, the hedge fund advisors, are to be congratulated on a splendid event which mixed serious business themes with polo, cricket and even a rock concert staged by 60s legends The Who. And what’s more, all proceeds were donated to the Teenage Cancer Charity. As GoldFinger wandered around Knebworth marvelling at the multitudes of middle-aged hedge fund managers wearing beads and sitting on cushions, the original Woodstock was evoked, as he was hard put to hear an English accent among the American accents. Is this an indication of the national make-up of the UK’s hedge fund industry? Or were all the Brits busy down in Mayfair pouring over their quantitative analytical non-correlating models?