Monday's Headlines: Asset Management Hiring on the Rebound

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Asset management hiring is up this year, with particular demand for investment personnel experienced in global/emerging markets and international equity, alternatives and credit strategies. [InvestmentNews]

Though hiring on Wall Street is on the upswing, observers see the process as being slow and not as widespread is it has been in past recoveries. [InvestmentNews]

Hedge fund managers are exploiting the post-crisis period to find talented investment and client service teams. [P&I]

Financial advisers are expanding their roles, helping clients launch businesses and providing career advice. [Investment News]

Piper Jaffray is cutting 40 jobs in London as it exits the European equity sales business.

[Minneapolis Star-Tribune]

Minneapolis investment bank Dougherty &Co. launched its first hedge fund.

[PR Newswire]

The big law firm model isn't dead, but it has changed as more and more associates face a tough road to partnership. [AmLaw Daily]