Soros Will End The Fund Manager Career &Nbsp; $1 Billion Return To Investors.
International Fund Manager George Soros will end 40 years.
fund
In his career as a manager, his Soros fund will return about $1 billion of investment funds to investors.
according to
James Surowiecki
A letter from Kim to investors shows that the fund will focus on managing assets for Soros and his family only.
The letter, signed by Soros's son and vice president of the Soros fund Jonathan Soros and Robert Soros, said that they made the decision because, in accordance with the new financial regulations, if Soros fund management company continues to manage funds for outsiders, it needs to register with the securities and Exchange Commission of the United States.
Since the company mainly manages family assets since 2000, they decided to operate the company as a family account.
The letter said, "we want to express our gratitude to those who have invested their capital in the Soros fund in the past 40 years.
We believe that in the long run, this decision has brought you good returns. "
Meanwhile, it is reported that Keith Anderson, who has been the chief investment officer of the fund since February 2008, will be leaving.
It is reported that Soros will continue to focus on the operation of philanthropy and on macroeconomic events, such as the European debt crisis.
Soros recently said, "my success in financial markets has given me greater independence than most others.
When others can't stick to their positions, I can stick to my position on controversial issues.
Soros was born in Budapest, Hungary in 1930.
In 1947, he moved to Britain at the age of 17 and graduated from London School of economics.
In 1956, Soros went to the United States in the United States, through which he established and managed the international community.
Investment
Money has accumulated a lot of property.
In 1979, Soros established his first foundation in New York.
Since the establishment of Quantum Fund in 1969, Soros has averaged 35% of the comprehensive growth rate per year, so that all investment experts can not catch up.
And he first became famous all over the world after he broke the Bank of England.
Soros was remembered for the Asian financial turmoil that broke out in 1997. The financial system of many Asian countries is on the brink of collapse and the economy is in trouble.
- Related reading
China's Newly Increased Debt Reserves Amounted To Nearly 30% In The First Quarter.
|The Era Of Silica Gel Printing Is Coming To &Nbsp; The Textile And Garment Processing Industry Is Changing.
|Pakistan'S Clothing Exports Increased By About 40% Over The Past 2010-11 Years.
|- Fashion brand | Fashionable Eye Collocation And Simple Wind Create Good Taste In Late Autumn.
- Latest topics | White Shirt And Black Trousers Are The Most Beautiful.
- Star wardrobe | The Shirt In The Coat Is Simple And Beautiful.
- 24-hour non-stop broadcasting | Xinjiang'S Textile And Garment Industry Has Entered The Fast Track Of Development, And Its Agglomeration Effect Has Been Highlighted.
- Shoe material | 2015 What Is The Market For The Hibernating Shoe Industry?
- Fashion character | The Autumn Coat Is The Most Fashionable And Comfortable With You.
- Women's wear | Vitoria'S Secret Big Show Will Attract More Attention.
- Shoemaking equipment | Wenzhou Footwear Exports Face New Challenges To TTP
- Finished shoes | New Direction Of Sports Brand Jordan: Women's Shoes Market
- Recommended topics | A Sweater Is Thin And Well Matched With A Fat Girl.
- Vice Foreign Minister Fu Ying: China'S Clothing Industry Is Facing The Situation
- Chao Girls Dress Up For &Nbsp; The Basic T-Shirt Is The Most Convenient.
- From The Wage Earner To The Chairman Of The Board Of Directors, &Nbsp Has Dreams, And There Will Be Continuous Upward Momentum.
- Shanghai'S GDP Growth In The First Half Of The Year Was Second &Nbsp Last Year, And Its Industrial Structure Was Blurred.
- Nearly A Thousand Yuan Shoes Wear &Nbsp For A Few Days, And The Shopping Mall Has Changed The Same Style Of New Shoes.
- The Wedding Dress Is The Most Sexy Bride.
- "Thousand Ren Gang": Five Initiatives "Beyond Dreams"
- Pork Prices Fell For The First Time For The First Time In Three Months
- The Domestic Demand Market Will Become An Important Support For The Development Of China'S Textile Industry.
- CIC Earned Over 50 Billion Dollars Last Year &Nbsp, And The Annual Yield Reached 11.7%.