Hedge fund layoffs.. the talk of the town
The news that D.E. Shaw & Company is laying off 10 percent of its workforce is the talk of the town today. All the major financial networks and print publications lead with the story today. Read The Times coverage here. My question is who cares? Well, I guess the ten percent of the workforce does […]
Just when we thought we were out…
That markets rise and fall is one thing we know for sure – the other thing we know for sure is that hedge funds are here to stay. That’s right: The demise of the hedge fund industry has been highly overstated. New funds are starting up, assets are pouring in and managers are spreading out. […]