Economics

How the godfather of the hedge fund made his fortune

How the godfather of the hedge fund made his fortune

The bank account which put Stanley Fink at the eye of a political storm was set up when he served a four-year posting in Switzerland with the hedge fund Man Group. While looking after investors’ money, he opened accounts with HSBC’s Swiss subsidiary. It reportedly banked Man Group shares held in British-registered family trusts, a common…