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Hedge funds see rises in hiring, pay

After riding out a bumpy post-financial-crisis road for several years, Asia’s hedge fund management industry shows signs of finding its wheels again, with rising base salaries and a return to hiring activity, writes Chris Davis. ...

UBS O’Connor to cut 16 jobs in equity long-short fund

US$5.7b hedge-fund unit will reportedly cut 16 of 46 positions at an equity fund, but plans to triple a corporate credit fund’s workforce ...