Friday's Headlines: Hedge Fund Bonuses Could Rise
Hedge fund bonuses could rise 5 percent this year, according to a new report. [HedgeFund.net]
Wells Fargo has launched a hedge fund and private equity administration service, and is adding staff in accounting and portfolio servicing. [Marketwatch]
Standard Chartered could increase headcount in derivatives and sales by 10 percent next year to manage opportunities in commodities. [Bloomberg]
MBA talent is once again in demand, with placement rates bouncing back from recession lows. But salaries are flat, and signing bonuses scarce.
U.S. business schools are increasing their recruiting efforts overseas in order to overcome lower enrollment among foreign students. [WSJ]
Given the uptick in investigations by the Commodity Futures Trading Commission, could the need to staff up be far behind? [NY Times]
Insurance M&A activity may be on the upswing, as MetLife's acquisition of Alico underscores.[Businesswire]