Hedge fund profits drop 30 pct in 2014, bonus pool shrinks
January 29, 2015 at 09:10 AM EST
LONDON, Jan 29 (Reuters) - The hedge fund industry's profits fell by 30 percent to $21.9 billion in 2014 from $31.2 billion a year ago as poor returns led to lower performance fees, Citigroup said in a report on Thursday.