Tag: Hedge Fund
Hedge fund recruitment is holding up across the Nordic region
Their teams may be relatively small, but Nordic hedge funds are outperforming many of their European and global rivals – and so could be providing select recruitment opportunities into next year. According to the Dow Jones Credit Suisse Tremont hedge fund index, the average Nordic hedge fund has delivered annualised gains of 6.1% since January [...]
The new path to tread: from the Nordics to Hong Kong
Getting out of Sweden, Finland and Norway as fast as you can to London or New York is a path well-trodden for ambitious Nordic financiers. But bankers may also now wish to look east, to the financial hubs of Hong Kong and Shanghai, where Nordic financiers are increasingly making their presence felt. The newspaper China [...]
One man’s neat, elegant and mathematically compelling solution for getting a top job in a bank or hedge fund
It’s also time consuming and involves lots of work. But still. The great idea comes via David Biello, an author for Scientific American, who yesterday tweeted that: “embedded at the end of this interview is the secret to landing a job at goldman sachs or trading house of your choice…” The idea, expounded by the [...]
REVIEW MY CV: I keep interviewing for equity sales roles and not being hired. Why is this?
Hi everyone. I’m working in an equity sales/broking role for a boutique and want to make a change. I’m looking either for straight equity sales roles or for corporate broking roles at larger organisations where I can learn more. I’ve interviewed at a couple of places and the feedback has been excellent, but I haven’t [...]
Everything you need to know about hiring this year, from the enormous Morgan Stanley report predicting 20k job losses
Morgan Stanley and Oliver Wyman have produced their large annual report on the state of the investment banking industry. It doesn’t make for massively felicitous reading: what with Basel III and falling margins, it says banks need to reduce their costs and cut 20,000 jobs.. Assuming you don’t have the report, or don’t want to [...]
Anticipate discrete enquiries about your private life during hedge fund interviews
If you have spent the weekend in an orgy of self-indulgence, do not divulge this during a job interview. Especially do not say so during a job interview with a buff, European, health-conscious hedge fund manager at one of London’s newer hedge funds. The hedge fund manager in question, who declined to be named, but [...]
The interview questions of Lex Van Dam
Lex Van Dam is not known for acts of extreme niceness. Head of hedge fund Hampstead Capital and a former trader at Goldman Sachs and GLG, he was the forthright investor in the BBC’s million dollar trader programme a few years ago. Based on the assumption that an interview with Van Dam is likely to [...]
Lunchtime Links: A graph that plainly illustrates why banks need to make redundancies soon
According to fixed income headhunters, a damp blanket has fallen upon the City, and it is not attributable to the snow. “There’s a lot of realism going around,” says one. “The revenues just aren’t there any more.” The source of this realism is clearly illustrated in a graph from Glenn Schorr, the US banking analyst [...]
Here’s how the new EU bonus rules are FAR better and slightly worse than expected
At last. The new EU bonus rules are out. Now it only remains for staff at the FSA to work all weekend formulating them into something UK specific. Much remains the same: the complicated deferral requirements are still in place (40%-60% deferred for at least 3 years, only half the ‘non-deferred’ element to be paid [...]
Lunchtime Links: Some Wall Street bankers are now being offered $8m guarantees; and securitisation hiring is on again
There is more good news on recruitment. Not only does the financial services sector appear to be growing faster in the UK than at any time since 2007, but Wall Street hiring is apparently growing faster than at any time since 2008. And banks are even said to be rebuilding securitisation businesses. In New York, [...]
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