Hedge fund employees enjoy the fruits of their labor
Plus: Smart beta takes a giant step out of the shadows, the right way to clean up your portfolio, the new Congress sets the tone by taking an early swipe at Obamacare
Jan 9, 2015 @ 12:01 am
- Hedge fund employees enjoy the fruits of their labor, even if that labor didn't bare much fruit. Average compensation at $368k
- Pimco and JPMorgan add their seal of approval by jumping on the smart beta bandwagon. The fundamental-indexing category represents 20% of all new money moving into ETFs
- If cleaning up client portfolios is on your 2015 to-do list, make sure you know what to keep and what to discard. Morningstar's Christine Benz breaks it down
- The new Congress takes an early swipe at Obamacare by updating the definition of full-time employment. President Obama stands firm with his veto pen in hand
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