George Soros closes his hedge fund to outside investors: possible reasons and consequences

As it was informed by "Market Leader (US)"

George Soros closes his hedge fund to outside investors: possible reasons and consequences

George Soros, the famous financier and one of the world’s best investors, announced his decision to close his hedge fund on the eve of his 81st birthday. After 40 years of work in the industry the billionaire wants Soros Fund Management to focus exclusively on managing his family’s capital.
According to the US-Canadian Association of Traders and Investors under Masterforex-V Academy, the news cannot be called a sensation. The experts, who got used to Soros’s originality, expected him to do something like this, especially as he had expressed his desire to retire. However, few people believe that the most successful investor of the 20th century will really retire to give charity and interviews. The closure of his hedge fund is another wise step taken by the successful businessman – any of his actions is always a part of some complicated big-scale game.