Monday's Headlines: Hedge Fund Survivors Look to Add Investment, Institutional Marketing Talent

Some survivors of the hedge fund shakeout are using cash to fund business growth and hire investment and institutional marketing talent. [Investment News]

Asset management compensation levels, with firms ditching bonuses and finding new ways to pay for top talent. [Investment News]

UBS is marketing a structured product backed by credit derivatives, a welcome sign for the securitization market. [Financial News]

HSBC's incoming CEO Stuart Gulliver is expanding the bank's wealth management business in Asia, and is poised to restructure other areas. [FT]

Rothschild is expanding its business in investment funds, asset management and private banking. [FT]