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Top partner at Sloane Robinson gets £58.6m

The top partner at Sloane Robinson raked in £58.6m in less than a year and a half as stellar performance at the London hedge fund manager pushed its assets past $10bn for the first time. Accounts to be filed at Companies House next week will show that the 10 partners earned £207.9m between them in the 16 months to March 2006, with the highest paid taking home £58.6m. The period included two years’ worth of performance-linked fees. But the amount pales in comparison with the pay packets of the world’s best paid — mostly US — hedge fund managers. The top 26 earned an average of $363m in 2005 according to a survey by Alpha magazine. Sloane Robinson founders Hugh Sloane and George Robinson, with chief investment officer Richard Chenevix-Trench and Mark Haworth, head of research, increased assets under management by 53 per cent in 2005 and another 41 per cent last year to reach $10.9bn this year.

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