Sector: Hedge funds

Why Hedge Funds Don’t Call You Back and What You Can Do About It

Okay, you’ve scored and aced an interview at a hedge fund, but you didn’t get a call back or even an e-mail to say “Thank you, but no.” According to Adam Zoia, chief executive at Glocap Search, it’s not much of a surprise. “It’s more common not to hear back from a hedge fund than [...]

Next Year’s Hiring May Be Marginally Better Than This Year’s

Financial hiring next year doesn’t look like it will be much better – or worse – than it was in 2010, recruiters say, suggesting that employers are still being somewhat cautious. While Canada’s financial sector is more likely than any other to hire additional staff in first-quarter 2011, says Robert Half International’s latest survey of [...]

Energy Traders Face Rocky Road, On and Off the Street

If you’re an energy trader, it’s a safe bet that you’re a bit worried about your job. Overall, due to tech and the big players taking over, there’s fewer jobs. Plus, the Commodity Futures Trading Commission is just about ready to announce position limits for physical commodity derivatives as mandated by Dodd-Frank. That, and expected [...]

Trading? Great. Always Huge Money? Not so Much

There’s no corporate ladder for traders. It’s more like a winding track with periodic pit stops. Sure, it takes an independent streak, mad math skills, and a strong personality, but it also helps to be at the right place at the right time. Today, even profitable traders face the chopping block amid mass layoffs. It’s [...]

BNY Mellon Going Global?

Bankers and hedge fund managers looking at opportunities at global banks may want to consider BNY Mellon. The bank may be on the cusp of joining the big boys. With talk that it may acquire British hedge fund manager Man Group, the firm that historically operated east of the Mississippi could soon go global. BNY [...]

Asset-Based Lending Looks Stable – Even Promising – When It Comes to Jobs

Despite the shakeup in traditional banking, asset-based lenders appear to be standing on solid ground. For finance professionals interested in commercial finance, the field can be a great long-term option. But finding opportunities may require some creativity. In a nutshell, asset-based lending is secured credit, with the loan traditionally backed by inventory, accounts receivables, or [...]

eFC TV: How to Find Out the Facts on Hedge Fund Employers

So, you want to work for a hedge fund. But some of them act as if their very existence is classified. How do you figure out if they’re worth working for? You just have to know where to look. Watch our video, or read this for details.

Job Market May Be Stabilizing, Recruiter Says

Although Canada’s unemployment rate stands at 8.4 percent, its highest level in years, and the jobs picture in the Canadian financial industry is not exactly frothy, recruiters say signs of equilibrium are returning. “Clearly the financial services market globally has still not recovered, but the recruitment market has plateaued somewhat, “says James Mayo, operating director [...]

Hedge Fund Credential Faces Skepticism

Add “CHA” to the alphabet soup of professional designations available to financial professionals. The Chartered Hedge Fund Associate certification began enrolling candidates in June 2008. On its Web site, the program describes itself as the “only certification program designed exclusively for those professionals who work in the hedge fund industry or for wealth management and [...]

Finance Still Needs Scientists, Group Says

Wall Street is on its back, but scientists would be wise to take a contrarian approach and investigate careers in finance, says the American Association for the Advancement of Science. In a three-part feature on financial careers in its official publication, Science, the association likens preparing to enter the industry to the old investing maxim, [...]