Hedge fund veteran Soros retires

Soros Fund Management will continue to manage money for Soros and his family but will return money to outside investors by the end of 2011, Bloomberg has reported. Soros, 81 next month, is thought to manage less than $1bn in external money within his portfolios. A letter to investors added Soros Fund management CIO Keith Anderson is set to leave the firm. The letter, signed by Soros' two sons, said the decision has been made because  new regulations would have required the firm to register with the Securities and Exchange Commission by March 2012 if it continued to manage money for...