Tuesday's Headlines: Led By JPMorgan, Investment Bank Fees Rise

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Investment bank fees from M&A and other deal making is on the mend.

[Bloomberg]

PIMCO continues to expand its equities platform and hired several executives with expertise in emerging markets. [Press Release]

Hedge fund assets to hit record high, and 83% of sovereign wealth and 72% pension funds expanding hedge teams [Bloomberg]

SEC rule proposal won't restrict upfront bonuses. [InvestmentNews]

UBS lost several key execs, including one to B of A, which may shift the balance of power in prime brokerage. [WSJ]

Los Angeles-based investment bank Imperial Capital formed a high grade/hybrid sales & trading group, adding staff to manage it. [Marketwire]

Watch out big boys: RIAs are giving you a run for your money. [Bloomberg]

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