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Posts Tagged ‘president-richard’

Hedge fund fighters deal with market pounding in the boxing ring

Thursday, November 20, 2008 : Permalink

AFP – Is it more painful to see the value of your fund disappear as the global economy crumbles, or for another man to punch you as hard as he can in the face?

For Elliot "The Machine Gun" Odell, a 32-year-old Briton working in the hedge fund industry in Hong Kong, the chance to find out was irresistible.

Odell, whose fierce-looking arms are plastered with tattoos normally hidden under his three-piece bespoke suit, was one of a dozen finance workers who recently bashed their way through "Hedge Fund Fight Nite," a charity boxing match.

After five months of training, he was left in little doubt about how easy it was to escape the whirl of the current market turmoil spooking the world’s financial markets.

"Boxing is pretty much the most stress-relieving thing you can do," said Odell, in his strong Essex accent.

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