Hedge Fund Job Postings Decline
Hedge Fund Job Postings in the US Decline 44%See our Hedge Fund Career Guide for resources and tips on how to land a job at a hedge fund.
In fact, hedge fund job openings have fallen by a larger percentage than any other job type in financial services, according to eFinancialCareers. Postings in the U.S. are down 44% compared to a year ago; by contrast, asset management firms as a whole had 28% fewer jobs to offer.
“Wall Street’s job market may not support a rush of movement this quarter, but we expect more professionals will test the waters,” John Benson, CEO of eFinancialCareers, said.For tips on how to get a job in hedge funds see our Hedge Fund Employment Guide
Those seeking opportunities would be better served looking into derivatives jobs: Firms working with those much-maligned instruments have 19% more openings posted. Fixed-income postings are up 16% and quantitative analytics postings 12%. Source
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