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Hunt for yield leaves investors baying for blood

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Bruce Golightly is a diesel and heavy-earthmoving mechanic, who has worked for 30 years in bad parts of the world from troublespots in Africa to southeast Asia. Now he is 55, fears he has lost $1 million and seething.

“I want to go and f---ing kill some of these pricks that worked for Mayfair,” he tells AFRWeekend.

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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au
Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com

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    Original URL: https://www.afr.com/companies/financial-services/hunt-for-yield-leaves-investors-baying-for-blood-20201215-p56noj