Newspaper article from our research archive:

Wadhwani hit by slump at hedge fund.

Byline: helen dunne

Sep. 22--Sushil Wadhwani, a former member of the Bank of England's monetary policy committee, suffered a close to two-thirds slump in the annual payout from his eponymous hedge fund to [pounds sterling]2.73m ($5.4m, e3.9m) last year.

The collapse in his payout from Wadhwani Asset Management came as management and performance fees fell from [pounds sterling]18.4m to [pounds sterling]12m in the year to last October, according to documents filed at Companies House.

This year, the Kenyan-born 47-year-old, a former director of equity strategy at Goldman Sachs, closed Keynes, his flagship macro hedge fund, to concentrate on computer-driven trading.

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