Deutsche Bank is planning a new London HQ despite Brexit

No surprise to our readers! Having too many major hubs is a recipe for inefficiency! There is only one Hollywood as well!
Deutsche Bank is planning a new London HQ despite Brexit

Frankfurt is in 'pole position' in the Brexit jobs race

Been there dozens of times for business, nice people, but if anyone believes it will take over as THE major financial center I have a bridge to sell....
Frankfurt is in 'pole position' in the Brexit jobs race

Texas Teachers - new Fee Model for Hedge Funds

Will 1+30 become the new standard? Relating the higher performance fee to some kind of hurdle rate is the problem. Which rate is suitable? And if is is some money market rate this is particularly problematic. At present rates are so low that beating them would not be that onerous. And if rates are high, 6, 7 or 8 pct, then the hurdle is difficult to overcome.

New Fee Model for Hedge Fund Investments