FTfm: Top UK fund management staff see pay drop, Third Poi...

If this email is not displayed correctly, please click on the following link or open your browser and paste the link into the address field: http://view.ed4.net/v/YIQXNN/6A129O/ZB0ZVYE/YHDR05/   FTfm Wednesday July 17 2013 Financial Times - FTfm   Top UK fund management staff see pay drop Average pay of asset managers at UK banks almost halved, from €2m in 2010 to €1.2m in 2011, a much larger decline than their European counterparts http://link.ft.com/r/YIQXNN/NRVAME/HDGAS1/ULPY4F/7ZL5UF/XL/h?a1=2013&a2=7&a3=17   Third Point reflects hedge fund ambition IPO takes place at increased attraction of reinsurance for institutional investors searching for yield and the low interest rates offered by fixed income http://link.ft.com/r/YIQXNN/NRVAME/HDGAS1/ULPY4F/RPKLWW/XL/h?a1=2013&a2=7&a3=17   Pension liberation sparks court scrutiny Regulator seeks judicial guidance to determine whether certain types of scheme fall within its jurisdiction in the wake of London arrests http://link.ft.com/r/YIQXNN/NRVAME/HDGAS1/ULPY4F/ULIBDZ/XL/h?a1=2013&a2=7&a3=17   Half of exchanges fight off cyber attacks Findings in WFE-Iosco report underline how authorities and exchanges are growing concerned that a potential large-scale attack on infrastructure operators could damage integrity of markets http://link.ft.com/r/YIQXNN/NRVAME/HDGAS1/ULPY4F/XB96E7/XL/h?a1=2013&a2=7&a3=17   Hedge funds lead Treasuries sell-off Private foreign accounts based in the Caribbean, Belgium and Luxembourg – a proxy for hedge funds – sold a combined $51.5bn of US debt in May http://link.ft.com/r/YIQXNN/NRVAME/HDGAS1/ULPY4F/NR537B/XL/h?a1=2013&a2=7&a3=17   Bitcoin ETF plan hits 'Winkle wrinkle' Wall Street banks are cautious over plans by the Winklevoss twins to create an exchange traded fund based on the controversial virtual currency http://link.ft.com/r/YIQXNN/NRVAME/HDGAS1/ULPY4F/52U73K/XL/h?a1=2013&a2=7&a3=17   Goldman Sachs boosted by trading Second-quarter profits more than doubled compared with last year to $1.93bn as Goldman largely shrugged off the market volatility of last month http://link.ft.com/r/YIQXNN/NRVAME/HDGAS1/ULPY4F/Q3X14W/XL/h?a1=2013&a2=7&a3=17   PowerShares fundamental ETFs hit $5bn milestone Invesco PowerShares has seen assets in its fundamentally weighted ETFs reach the $5bn mark as interest in 'smart beta' strategies grows http://link.ft.com/r/YIQXNN/NRVAME/HDGAS1/ULPY4F/JQAJVA/XL/h?a1=2013&a2=7&a3=17   Return of blueblood macro hedge funds Caxton Associates, run by Andrew Law, is enjoying one of its best ever first-half performances, while Tudor Investment Corporation has fared well too http://link.ft.com/r/YIQXNN/NRVAME/HDGAS1/ULPY4F/B4GKHT/XL/h?a1=2013&a2=7&a3=17   China's economic miracle gives way The markets are struggling to cope with Beijing's push for a rebalancing of its economy towards a more domestic-focused growth story http://link.ft.com/r/YIQXNN/NRVAME/HDGAS1/ULPY4F/4VPZNR/XL/h?a1=2013&a2=7&a3=17   Exchange Traded Funds Stocks bounce on Bernanke comments Birth control boosting ETF survival rate London ETF trading surges Deutsche lists Asia's first Indonesia sovereign debt ETF Video FTfm Fund managers on pay rollercoaster Fund managers have had a rollercoaster year, with a proposed bonus cap for fund staff rebuffed two weeks ago at the European Parliament. FTfm’s Madison Marriage asks Jon Terry, a partner in PwC’s rewards team, whether the political crusade to limit pay in the financial sector is finally over. Tools Your account    Portfolio Email Briefings    Price alerts Keyword alerts    RSS feeds Subscribe to FT.com     © THE FINANCIAL TIMES LTD 2013 ABOUT THIS EMAIL You have received this email because you have signed up from the NBE preference page. FT.com Change Briefings  •   Unsubscribe  •   Change Email Address  •   Forward this email to a friend  •   Privacy Policy  •   About Us  •   Help This email was sent by or on behalf of a company owned by Pearson plc, registered office at 80 Strand, London WC2R 0RL. Registered in England and Wales with company number 53723..