Sector: Hedge funds

Brevan Howard now looks very much like your best option

If you want to work for an organisation unrivalled for its excellence, unsurpassed for its generosity and able to make very good money even in recent market conditions, Brevan Howard is looking like it. While Goldman Sachs is being lambasted for the loss of its “magic touch” and John Paulson’s investments aren’t doing well, Brevan [...]

Todd Edgar’s 50% BarCap package was unsustainable, but don’t assume you will ever achieve anything better at a hedge fund

Poor Todd Edgar. Poor Todd Edgar’s team. In 2009 all 5 of them joined BarCap for what was reputedly a 30m two year package comprised of: – 15m in salaries, bonuses and deferred stock – A share of up to 50% of their profits At the time, it looked like a great deal, both for [...]

Lunchtime Links: Credit Suisse would like to hire hedge fund managers and former prop traders

Credit Suisse wants to hire people, says Bloomberg. It’s set up a new $500m systematic-trading group in its asset management business and would like to expand. The group is currently based in the US and has a presence in Zurich, but may manifest itself elsewhere. It currently comprises 20 traders, analysts and ‘others’ and is [...]

A short statistical analysis of how long people generally last at Brevan Howard

Brevan Howard is known for its exacting standards. The London-based hedge fund, which is thought to have paid its partners 15m each last year and has proclaimed its receptiveness to applications from prop traders at investment banks, has a reputation for dispensing with people who don’t meet its requirements. Brevan Howard rarely grants interviews, but [...]

Inferences on how to become a top young hedge fund star before you’re 40

Financial News has produced a list of the top young hedge fund stars under 40. It’s the sort of thing you should read carefully if you want to avoid career derailment aged 45. If you are working so hard to avoid derailment that you don’t have time to study this list in detail, we have [...]

If you want to work in a hedge fund should you do a CFA – or a CAIA?

If you want to work in a hedge fund, which many people apparently do (27% of respondents to our current poll say they’d rather be a hedge fund manager), you may be faced with a dilemma: should you embellish your CV with a CFA, or should you go for the more hedge fund- specific CAIA [...]

Is this the perfect job for moving into the front office?

Someone, somewhere, is receiving multiple offers. According to the latest missive from recruiters Robert Walters, multiple offers are still happening in the world of ‘investment management finance.’ Here, there are not only loads of jobs and plentiful offers but people able to negotiate, “favourable packages.” In particular, Robert Walters says there’s an abundance of hiring [...]

Have children, move to Switzerland

Switzerland is emerging as the location of choice for financiers with infants. Pre-procreation, London is the place to be. Post-procreation, it’s Switzerland. “I used to live in London and now I love it here,” says one Swiss hedge fund manager. “I’ve got a 2 year old child and its suits where I am in my [...]

This hedge fund currently has over 30 jobs going in London

The Japanese earthquake may have hit computer-driven hedge funds hard, but Man Group continues to recruit in decent numbers for its London office, largely for AHL, its algo fund. Man posted less than glowing results last week, but still has over 30 vacancies in London. They include AHL-based quantitative analysts, client portfolio managers, research technologists [...]

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 [...]