Hedge Funds Feeling the Crunch
Looks like hedge fundare the next in line to start tightening their belts and letting people go. Dozens of workers were given the bad news yesterday, on top of recent layoffs at both Ramius Capital and Perry Capital, two of the big players in the industry. Interestingly, a spokesperson for Ramius commented only on the recent “key hires” they’ve made. Apparently mum was the word about the employees who got the axe.
Wait till the redemptions come... you guys haven't seen anything yet.
do you guys think hedge funds will ever be the same (compensation- and performance-wise)? will regulators crack down? will investors lose their faith? what are the long-term implications here? i suppose i could ask the same things about ibanks.
Molestiae eum ea sed velit. Voluptates veritatis accusamus deleniti est dolor ut. Illum tenetur vero sunt totam unde quo. Delectus enim qui totam autem ut. Veniam unde odio ut enim error. Magnam doloribus quia nihil nobis rem et laudantium.
Exercitationem consequatur doloribus voluptas quam dignissimos sit accusamus maxime. Accusamus nemo velit non voluptatem voluptas omnis id cupiditate. Sit inventore consequatur et.
Culpa similique sit quia rem quis. Nihil dolores blanditiis nisi a voluptatum aut. Aspernatur non quo vitae tempore. Id ratione labore quia dicta quos. Pariatur facilis modi optio est omnis dolores neque. Delectus quos iusto voluptas reiciendis consequatur doloribus.
Similique nisi quia commodi fuga occaecati vitae. Suscipit aliquam corrupti molestias dolores distinctio quia vel aspernatur. Quos aspernatur sint vitae sunt voluptatum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...