London is positioning to become the financial captial of the world, led by the $100 billion in foreign investment pouring in from the Middle East, India, China and the United States. All this investment activity has fueled a sky-high cost of living in the UK and made finding top performing hedge fund players even more difficult. The 2007 Hedge Fund Search Digest Compensation Study showed that hedge fund employees get an extra week of vacation each year and are making more money (on average) than their counterparts in the US.
With comparable top compensation and comparable benefits packages, searching around the globe to find the best talent is a strategy that is paying off for the top firms.
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