Business Insider
Hedge funds are having a rough time.Several storied managers are posting dismal performance, while others are closing shop entirely.
At the same time, the industry is known for being lucrative, turning a fortunate few into multi-millionaires – and even billionaires.
Not that it’s easy to find a job.
We asked a handful of hedge fund recruiters what it takes to find an investment role these days. Some common themes came up:
- There’s a strong demand for analysts with quant backgrounds, which should come as little surprise – funds are incorporating alternative data into their strategies and trying to figure out how to outsmart the competition.
- Analysts need to be flexible, meaning they need to learn new skills or be willing to start at a small, start-up fund with less pay, since a lot of the bigger funds aren’t hiring.
You can read the recruiters’ advice in full below.