Drucken Miller, Quantum Fund's Soros's number one deputy and the successor of Soros.
Feng Yu and Quantum Fund are not friends. They might even be enemies, but Drucken Miller is standing in front of Feng Yu today.
"You want to meet me? Are you representing Soros? "Feng Yu asked casually as he ate his fruits.
"Mr Feng, I am representing Quantum Fund and myself."
"Oh? Interesting. Have a seat. "
Drucken Miller wants to talk about Quantum Fund first. If they cannot reach an agreement, he also has something to discuss with Feng Yu.
"Thank you. Mr Feng, let's talk about Quantum Fund first. This time, the global financial crisis and economic crisis have affected our Quantum Fund, especially in Japan and North America. "
Soros had lost a lot of money in Japan, and when he returned to North America, he started to short the US stock market to recoup his losses.
In the beginning, things were going well. But later, Soros did not expect the US to issue a ban on short selling, and he suffered losses again.
Soros had a good relationship with many consortiums and can raise a large amount of funds. But after losing the support of those consortiums, it will be hard for Soros to make a comeback.
Now, Quantum Fund's scale had fallen below 10 billion USD, and it is far from the billions of USD they can raise at their peak.
No one had addressed Soros as the number one hedge fund manager in a long time, and Quantum Fund is no longer trusted by investors.
Also, Quantum Fund's bonds and funds are about to mature, and Soros will suffer losses again. He had worked hard for 20 years, and everything is back to square one.
"But our Quantum Fund still has the world's top hedge fund managers, and we still have a lot of information channels around the world. As long as we have enough funds, we can still make a lot of money for our clients."
Feng Yu waved his hand. "What's wrong? Soros has a good relationship with many consortiums, and no one is willing to invest in him? Even so, he still has a lot of assets, and he doesn't even have the confidence to make a comeback? "
During the Asian Financial Crisis, Soros had suffered significant losses. But during the US dotcom bubble, he made a huge profit and became one of the world's top hedge funds.
This time, Soros actually sent Drucken Miller. Could it be that those large consortiums no longer trust him? That was really possible.
Even if he made a mistake, others wouldn't completely lose trust in him. But if they made two or three mistakes, the investors would have to think carefully about whether they should find someone else to make money for them.
Soros was the one who raised funds and almost stopped George W. Bush's re-election. Naturally, it also represented the interests of some people and had a close relationship with many financial groups.
From the looks of it, no one is willing to invest in him anymore. Soros had been abandoned by those people, and he is here to look for Feng Yu. He wants Feng Yu to invest in him.
Drucken Miller's expression is a little gloomy. Those investors who trusted them in the past are no longer investing in them. If they do not receive new funds, they will suffer more losses this time, and Quantum Fund will fall out of the world's top ranks.
Without the title of the World's Top Hedge Fund, it will be harder for them to raise funds. Their future will be much harder.
"Mr Feng, we know you had made a lot of money during the financial crisis. Even those old European consortiums might not make as much as you. My Boss said that if you are willing, he can accept you to hold half of Quantum Fund's shares! "
Huh? Soros must have met a huge obstacle and is willing to give up half of his shares. Soros had spent a lot of effort to control Quantum Fund in the past. Even those large consortiums wanted to invest in Quantum Fund, but he did not agree.
Now, Soros is asking Feng Yu to invest in Quantum Fund. This shows that Soros is in dire straits.
"I own two of the world's top consulting firms and have many investment firms in North America and Europe. I am not interested in investing in Quantum Fund." Feng Yu rejected Soros without any hesitation.
If it is the powerful Quantum Fund in the past, Feng Yu might still be interested. But now, He Zhaoji and the rest are very capable. Will Soros hand over his authority to Feng Yu?
That team of people is carefully selected by Soros. Many of them might be loyal to Soros and have no loyalty to Feng Yu. It will not be easy to manage such a team.
Feng Yu does not trust Soros at all. Soros is someone who will never accept failure. Once Soros has the chance to make a comeback, he can register another Soros Fund or other funds. He can slowly transfer his businesses and even his employees to another fund.
Drucken Miller took a deep breath when he heard Feng Yu's rejection. "Mr. Feng, let's talk about my personal problem. If I join Mr. Feng's company, what position will Mr. Feng give me?"
With Drucken Miller's resume, he can apply for all the top foundations in the world, except for those with political influence.
Bosses will pick their subordinates, and some capable employees will also pick their bosses.
Soros had told Drucken Miller that he will hand over the Quantum Fund to him this year, and Soros will start his semi-retirement life.
Now, not only did the Quantum Fund lose a lot of money, but Soros also has no intention of retiring. Drucken Miller also wants to find a new home for himself.
Soros had four fund managers in the past, but three of them had left and are doing well in other funds. Only Drucken Miller stayed, and he thought he will be put in an important position. But he did not expect to be in such dire straits.
Feng Yu's eyes lit up. Drucken Miller wants to abandon Soros and work for him? Drucken Miller is one of the most famous people in the industry. Feng Yu had thought of poaching him, but Drucken Miller was not willing.
Now that Drucken Miller approached him, Feng Yu hesitated. It's not that Drucken Miller is not good enough. He is still outstanding, and his ability is not inferior to He Zhaoji.
Especially if Soros can recruit Drucken Miller, he might bring over some information channels that belonged to Quantum Fund.
But Feng Yu did not agree to Drucken Miller's offer immediately. He only asked Drucken Miller to go back and consider this matter.
In the end, Feng Yu still cannot agree to Drucken Miller's offer. Drucken Miller can abandon Soros, who had followed him for more than 20 years, and he can also abandon Feng Yu.
In the future, Drucken Miller might be able to take over Feng Yu's information channels, and Drucken Miller might even leave Feng Yu's side.
Feng Yu cannot accept this kind of person!
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