Tuesday's Headlines: Goldman Sachs to Close Global Macro Prop Trading Desk
Goldman Sachs is closing its eight-person prop trading desk. [TheStreet.com]
Wall Street firms have doled out bulging pay packages despite the risks, says a study. [Dealbook]
Hedge funds managed by women outperformed the industry average over the past few years. [Financial News]
Man Group is expanding its business in Asia and could hire hedge-fund managers there. [Bloomberg]
Allianz Global Investors is seeking to expand its retirement business. [InvestmentNews]
