Pounds 18 Million Pay Packet for Secretive City Stock-Picker ; City Briefing
Evening Standard - London › April 22, 2005
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Summary
A SECRETIVE hedge fund manager who is one of the main backers of the speculative African mining ventures of ex-England cricketer Phil Edmonds can be revealed today as one of the City's true galacticos, with pay last year of almost Pounds 18 million from his job as a global stock-picker.
In one of the biggest-ever singleyear pay packets in the Square Mile, Sloane Robinson Investment Management managing director George Robinson was paid Pounds 17.8 million in 2004 and received dividends on the firm's profits worth up to another Pounds 100,000. In the hush - hush, unregulated world of hedge funds, last year's pay bonanza cements 48-year-old Robinson's place in the City's secret elite.See the full content of this document
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Pounds 18 Million Pay Packet for Secretive City Stock-Picker ; City Briefing
According to Sloane Robinson's latest report and accounts, the hedge fund had a staggering 2004, growing its turnover sevenfold to Pounds 75 million.
Of that, Pounds 53.5 million ended up in the ba...See the full content of this document
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