Joy to the World

ON BALANCE

According to the convention, the advent of spring and sunny weather improves your mood. Well, it's mid-April but it's also rainy and cool here in London—and yet we're feeling pretty good.

We can think of two reasons in particular. First, we love seeing signs of growth in the market. This week we learn that Asset Control has snagged David Hirschfeld—stealing him from one of its own clients (Citadel Investment Group, a hedge fund based in Chicago; see page 1). Among other things, Hirschfeld has

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