Superstar ‘dude’ walks away from $263m

The Austrailan- SUPER-CONFIDENT Australian investment manager Greg Coffey has walked away from a lump sum of $US250 million ($263 million) in share options and other tied-up benefits by quitting his job at a London hedge fund to start his own business.

In a dazzling punt on his own money-making potential, the 36-year-old finance star is leaving the quarter-billion-dollar benefits on the table at the GLG Partners hedge fund because he believes he can earn more by setting up his own fund.

And there is a good chance he will be proved right.

Industry analysts in London said they expected loyal clients with investments worth billions of dollars to follow Mr Coffey.

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