Weak pound lures Swiss-based hedge funds back to London
Leda Braga, one of the most high-profile women in the hedge fund industry, is drawing up plans to relocate from Geneva to London. Firms are being lured back from Switzerland by a weakened pound and stronger recruitment market. (FN)

Vanguard boss rebuffs fears of equity bubble
Explosive inflows into exchange traded funds – estimated at $400bn in the year ended July – are unlikely to lead to a stock market bubble, according to Bill McNabb, head of the $4.5tn US money manager. (FT)