Hints and tips:
...“You don’t have ground infrastructure,” says Mr Naf. “All this takes time.”...
...Later he introduced a former NAF scholar, noting his credentials – Columbia University, off to Harvard Business School this fall – but lamenting the young man’s choice of employer: “We couldn’t capture him...
...But Mr Näf does not believe the industry has peaked. "In 1998 hedge funds were down 12 per cent but bounced back quickly," he says. "In 1995 they were also negative but bounced back....
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