Cantab Gives Staff Legos To Boost Morale

Nov 8 2013 | 10:59am ET

Cantab Capital Partners is living up to its reputation for quirkiness.

The quantitative hedge fund, which, like many such firms, is in the midst of its worst-ever year, took an unusual approach to build morale: by literally giving its staff something to build.

Cantab spent £2,000 on Legos in an effort to cheer its employees, the Financial Times reports. The effort was apparently fueled by long faces at a firm used to posting double-digit returns, but that was down nearly 30% through August.


Lifestyle

Survey: Wall Street Banks Still Top Silicon Valley, Hedge Funds for Freshly-Minted MBAs

Jun 21 2016 | 9:01pm ET

Contrary to concerns that Wall Street isn't as appealing to new graduates as it...

Guest Contributor

The Future of the Blockchain in Financial Services Communications

Jun 17 2016 | 1:05pm ET

Over the past year, a large portion of the financial services industry has awakened...