Yes, yes... Scandal is just around the corner, returns are down and portfolio allocations are slowing. Hedge funds may even be the root of all evil. But given the dismal state of banking these days, hedge funds are looking like a mighty good place to be for many of Wall Street's finest.

Top talent is making the move to alternative assest, with major jumps like GLG's pick up of former Goldman Sachs' top trader, Driss Ben-Brahim. GLG also snagged Karim Abdel-Motaal and Bart Turtelboom, former co-global emerging market chiefs for Morgan Stanley.

Happy headhunting...

-- MDT

Labels: GLG, hedge fund, hiring