| 11.11.2013 Opalesque Exclusive: Hedge fund launches shrink as banks retain traders with bigger pay: hedge fund news week 45 |
| In the week ending 8th November, 2013, it was reported that only 418 hedge funds have been set up so far this year, compared to 725 and 780 established in the two preceding years respectively, according to data provider Preqin; this is as banks fight to retain star traders with bigger pay packages, reported the FT; meanwhile, a Glocap compensation report revealed that the starting salary for junio |
| Article source: http://www.opalesque.com/MostForwarded/fullarticle/316/Opalesque_most_forwarded_article_week_45_AlphaMetrix316.html - Opalesque is not responsible for the content of external internet sites |