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RBC Capital Markets has announced that it has re-branded and expanded its prime brokerage business, International Securities Finance reports. Also, AIMA says the HF industry is taking heat during a time when many HF managers are doing what they intended: delivering absolute returns during a volatile market amid plummeting asset prices, according to Global Money Management. Meanwhile, the 10 best-paid HF managers earned up to $14 billion in 2007, collectively, making record profits by predicting the global financial meltdown, Trader Monthly magazine estimates show. Finally, International Financial Data Services is eyeing expansion of its transfer agency business into Asia, according to Operations Management.