Friday, 29 August 2014
Last updated 13 hours ago
Oct 10 2011 | 2:05pm ET
More Wall Streeters than not expect a smaller bonus this year—unless they work at a hedge fund.
While 38% of professionals at big banks are bracing themselves for a smaller bonus this year than last—compared to 36% who expect a larger one—about half of hedge fund pros are looking forward to a bonus bump, according to a survey by eFinancialCareers.com.
The pessimistic among the survey respondents blamed firm performance and market conditions overwhelmingly for their underwhelming bonus expectations. And more than a third blame the Dodd-Frank financial regulation law at least a little bit for the layoffs on the Street. And going forward, financial pros are even less optimistic, with 46% saying bonuses will decrease over the next three years, against just 20% predicting higher bonuses.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...