Hedge Fund Pay Spirals Even Higher in New Trader-Poaching Strategy

As the competition for talent reaches new extremes, ‘interception trades’ between rivals are heating up.
Source
Bloomberg Markets
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As the competition for talent reaches new extremes, ‘interception trades’ between rivals are heating up.
Source
Bloomberg Markets
Opens original article in a new tab

The Malaysian ringgit is likely to retest its year-to-date peak versus the dollar thanks to strong fundamentals, according to strategists.
Asia-Pacific markets were mixed Monday as a U.S. seizure of an Iranian vessel deepened tensions, keeping investors on edge.

To see how Asian hedge funds got blindsided by the Iran war, look no further than Trivest Advisors Ltd.

Randa Slim, Johns Hopkins University SAIS Senior Fellow, speaks to Bloomberg TV about the next steps for Iran and the US after back-and-forth over potential peace talks in Islamabad this week. (Source: Bloomberg)