Morning Coffee: Mass Job Cuts At The High Paying Hedge Fund That Poached Junior Bankers. Jamie Dimon's Activist Appendage
Remember those analysts who got great jobs at that expansionary hedge fund? : When blue-chip hedge funds start making offers to junior bankers, there’s a clear trade off between risk and return. On the one hand, it's the buy-side and hedge funds can pay very well indeed. On the other, hedge fund jobs can be precarious and fluctuations in investment performance can see you abruptly let go through no fault of your own. The downsides are currently making themselves felt at Balyasny Asset Management.