An administrative restructuring is underway at Soros Fund Management, founded by billionaire George Soros in the 1970s, as it plans to shutter its Hong Kong office, according to a Bloomberg report. Although the exact reasons were not disclosed, this move comes just days after Soros' son, Alex Soros, through the family's Open Society Foundations, wasted tens of millions of dollars backing the biggest Democrat loser in a generation: Kamala Harris.
A key question remains: Why is Soros Fund Management shrinking its Asian physical footprint? Bad china bets? This administrative restructuring at the investment firm comes months after a major restructuring occurred within OSF over the summer.
Although the exact reasons were not disclosed, this move comes just days after Soros' son, Alex Soros, through the family's Open Society Foundations, wasted tens of millions of dollars backing the biggest Democrat loser in a generation: Kamala Harris.
An administrative restructuring is underway at Soros Fund Management, founded by billionaire George Soros in the 1970s, as it plans to shutter its Hong Kong office, according to a Bloomberg report.
Even with all this restructuring, the philanthropic organizations controlled by the Soros family, with Alex Soros somewhere at the helm—and even further off the reservation than his father—wasted a lot of daddy's money on supporting the biggest Democratic loser in a generation: Harris-Walz.
The New York-based investment firm, best known for its $10 billion trade against the British pound in 1992, explained in an emailed statement that its Asia investments will now be managed by traders in its New York and London offices.
https://www.zerohedge.com/markets/restructuring-underway-soros-fund-management-hong-kong-office-shut
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