Jim McCaughan is obsessed with the idea of getting his hands on a fund of funds fund hedge fund

It's all he thinks about, morning, noon, and midnight (oh, midnight, the very worst time to think about such things, in my experience). It's a rather sordid affair. Obviously, Mr McCaughan is the chief executive of Principal Global Investors, but that's no excuse. The man should have more restraint, and a greater sense of decency. Everyone knows about it, this obsession. Has he no shame?Speaking