26.06.2013 Opalesque Roundtable: Banks’ retreat from traditional activities boosts hedge funds profits
From Komfie Manalo, Opalesque Asia:

Banks retreating from their traditional activities, particularly in Europe, is boosting hedge fund returns, agreed hedge fund managers who attended the latest Opalesque 2013 Australia Roundtable sponsored by Eurex and Australian Fund Monitors.

Robert Graham-Smith, portfolio manager at Perpetual Investments said that the retreat of banks from their usual

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