Solo Shah RecapA Look At Sanjay Shah in Relation to Recent Payouts
Sanjay Shah is one of the well-known business persons and philanthropist in the world. His parents are immigrants from Kenya who moved to England in the 1970. Sanjay Shah originally studied medicine while in London but later moved to business school after realizing being a doctor was not what he wanted to do for the rest of his life. After completing his university studies he worked at various prestigious investment banks and firms. He had the privilege of working at Merrill Lynch and Morgan Stanley. The global financial crisis hit Sanjay Shah and he was jobless for quite some time. At this time was when he founded Solo Capital. In addition to being the founder of Solo Capital, he is also the founder of Autism Rocks which is a charitable organization dedicated to raise awareness and research on Autism globally. He has been able to provide finances to children suffering from autism in order to get the necessary medical care needed.
Solo Capital as stated earlier was founded by Sanjay Shah in the year 2011. The company has its headquarters in London and is currently being controlled by Solo Group Holdings. The financial services company specializes in consultancy services with regards to professional investments and proprietary trading. It clients are spread out across the globe and Solo Capital seeks to offer the best financial solutions to them. Its performance in the stock market makes it to be quite reliable as it seeks to offer is services.
A London based hedge fund has paid its founder £ 27 million dividend. The hedge fund main source of income comes from betting in the European sovereign debts markets. The payment was part of the £ 92 million bonus that the hedge fund top executives were to enjoy in the year to March 31, 2011. The investment firm’s income doubled in the last year while its operating profit moved from £57.7 million to £92.6 million. Sanjay Shah has also been among individuals who have enjoyed some of these bonuses. These payouts come when there are fear of job security among the public sector workers and possibilities of wage freezes.