Hedge funds and bank trading desks have started hiring again, Reuters reports. As returns improve and redemptions slow, some funds are recruiting staff, especially marketing executives to help lure back assets, operations staff and fund managers. Citadel Investment Group, RBC Capital Markets, Artradis and Tribridge have appointed employees in hedge fund related roles. In 2008, almost 1,500 portfolios closed, according to Hedge Fund Research. http://www.emii.com/CampaignArticles/309455/2283652/3910/Hedge-Funds-Resume-Hiring.aspx?LS=EMS309455
oh joy, then the smooth moves in the markets will be replaced with the skittish trading patterns that destroyed all these algorythmic firms in the first place