Value Partners cuts management compensation by 92% in H1

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HONG KONG - Hong Kong based asset manager Value Partners Group cut management compensation by 92%, its interim report for 2009 revealed.

The China focussed fund management firm - 26% of whose client base is made up of pension funds - said compensation for key management declined from HK$124.5m (US$16.1m) to HK$9.8m during the first...

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