The picture you posted is a combination of a heavy bullet that didn't slow down much through the target, a LFN type bullet, cast hard, and the velocity you can get using my favorite cartridge, 45 Colt.
To get that kind of velocity out of the .45 ACP you have to go to a lighter bullet. a 155 grain Cast LSWC in .45 ACP will go 1135 fps, using Universal.
One of my favorite powders, HS-6 will get you 1126 fps.
45 Super, shootable in strong 1911's with stiffer springs will move a 185 gr. Hdy JSWC at 1120 fps.
I suspect that either of the above would give you a similar wound channel, but without the deep penetration the heavier bullets give you. In other words, you get your cake and eat it too.
You have the reliability, low recoil, wide wound channel flat shooting big bullet, .45, and the lighter weight of the bullet limits penetration.
The down side is the ammo companies aren't going to get rich off you.
The above combinations are laser accurate.
My take was the same as the FBI's expert Urey Patrick:
To really improve the service calibers, and get adequate penetration with hollowpoints, 18" ideally, you need to move up to 10MM, or it's .45 equals, the Colt or the .45 Super. That said, the 45 ACP load at over 1100 fps
is close enough for government work.
Most current HP's are designed to blow up like a parachute, early in the target. Not good for penetration. Solution is either a slower expanding
hollowpoint, with a thicker jacket, ala Hawk bullets, or a much heavier bullet.
If I use hollowpoints, I use either heavy for caliber hollow points, or, normal
weight, at very high velocity, in revolvers.
I also use .45 Super level loads, using 230 grain speer HP's at 1115 fps.
I'm not real sure they penetrate enough, but I'm hoping the velocity will
give me the extra penetration I need.
Just between you and I this is not a popular political position, unless you are in a hunting forum that uses heavy handguns to kill lots of game, and see the actual results, or lack there of, of hollow point bullets.
Hawks' website sums up their experience with hunting handgun bullets:
http://hawkbullets.com/Handgun.htm
Note how heavy the lightest HP's are, relative to caliber. They also recommend ideally that the HP's be going 1200 fps, hard to accomplish with bullets that weigh that much, in service calibers.