ReThink Recruitment recently publicized that IT developers have been leaving investment banks and drifting towards a new surge of hedge-fund start-ups. The hedge funds have been able to recruit the professionals with the promise of 80,000-100,000 euro salaries, with an additional 100% guaranteed bonus. Banks, on the other hand, have been forced to limit and …
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Hedge funds brought in nearly $13 billion in new investor money in November, making last month the fifth consecutive one for inflows. Hedge fund assets rose by 0.08% to $2.409 trillion in November, according to HedgeFund.net estimates. The recent climb came after financiers invested a net $18.4 billion in hedge funds during October. This upward …
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While the U.S. is still very much in economic distress, the nation’s hedge fund managers are looking forward to receiving their holiday bonuses increase by 5% this year, after an average increase of 15% last year, according to new research released by Hedge Fund Research and Glocap headhunters. According to the Glocap’s chief executive, Adam …
If things continue as they have been going recently, by the time the end of next month rolls around, the hedge fund industry will reach above the highest level of two years ago.