After 40 years, George Soros will leave the hedge funds sector

George Soros retires. The 81-year-old billionaire will hold on to the money of external investors (just under 1 billion euros) by the end of the year, to concentrate exclusively on the managements relevant to himself and his family. To reveal it is Bloomberg Television, who saw a letter signed by two of the financier's sons. "We want to express our gratitude to those who have chosen to entrust their capital to Soros Fund Management over the past forty years - reads the statement by Jonathan and Robert Soros - we hope that you have felt well repaid for your trust over the years ”. The decision appears to have been motivated by the regulatory change that is taking place in the hedge fund sector.