Moore Capital follows rivals with Swiss office
From efinancialnews.com: Moore Capital has opened an office in Zurich and become the latest hedge fund to establish a presence inSwitzerland, where it will join rivals Brevan Howard Asset Management and BlueCrest Capital Management.
The firm has registered a new company, Moore Cap Switzerland GmbH (the German term for a limited liability company), and moved a portfolio manager from London to the new office, according to sources familiar with the situation.
Kornelius Klobucar, who has worked at Moore as a portfolio manager since 2007, has moved to Zurich, a city which recently came second in Mercer's 2010 Quality of Living Survey. Moore may hire or move additional staff there further down the line, according to a person familiar with the situation... Full article (subscription required): Source
See Tuesday's Opalesque Exclusive: Financiers relocate to Switzerland 'because that's where the money is' - discussion: Source
UK FSA moves to impose hedge fund bonus restrictions
From Richard Wilson's blog: The Financial Services Authority--the UK's financial regulating body--has moved to impose bonus rules on hedge funds. Initially it was thought that the FSA would give hedge fund......................
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