Hedge funds should stop panicking. It is true that some have been lumped in with banks on tough new European Union rules regulating pay. But there are a number of factors that should defuse the threat.
Gordon Brown is truly having a rough time. Rebuffed by the United States, International Monetary Fund and others for floating the idea of a tax on financial transactions at this weekend's G20 meeting, he has now got short shrift from the Cayman Islands.
The Extel Survey Awards 2009 are taking place today in Guildhall, London. The survey, which has taken place every year since 1974, captures the views of all sides of the investment community on their counterparts and produces rankings for brokers, quoted companies and individuals.
from The Great Debate:
-- Alexander Smith is a Reuters columnist. The opinions expressed are his own --