Tuesday, 29 July 2014
Last updated 2 hours ago
Sep 10 2010 | 12:07pm ET
BlueCrest Capital Management is celebrating its 10th birthday as the fastest-growing hedge fund in Europe, and its employees are celebrating with some pretty substantial party favors.
Total wages and salaries at the firm soared 39% over the past year to £36 million, despite being split among 10 fewer employees. On average, the London-based firm’s 250 employees were paid £144,000 each in the year-ended June 30, up from £104,000 in the previous fiscal year.
BlueCrest, which manages US$22.2 billion, grew by 65% over the past year.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…